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Ohio Adopts National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law

Data Matters

On December 19, 2018, Ohio adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law. 11 to the Ohio Revised Code. The Act is designed to “establish standards for data security and for the investigation and notification to the Superintendent of Insurance of a cybersecurity event.”.

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Regulatory Update: NAIC Spring 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Spring 2019 National Meeting (Spring Meeting) in Orlando, Florida, from April 6 to 9, 2019. The March 7, 2019, exposure drafts of the CFR Model Laws have been revised to address those comments as well as certain other comments received from interested parties.

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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.

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Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

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List of data breaches and cyber attacks in May 2021 – 116 million records breached

IT Governance

But, of course, the nature of ransomware attacks makes it hard for organisations to determine how many records were affected. For the second month in a row, ransomware has dominated our list of data breaches and cyber attacks. Of the 128 publicly disclosed incidents that we discovered in May, more than 40% of them were ransomware attacks.

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Project Svalbard, Have I Been Pwned and its Ongoing Independence

Troy Hunt

After 11 months of a very intensive process culminating in many months of exclusivity with a party I believed would ultimately be the purchaser of the service, unexpected changes to their business model made the deal infeasible. I was in yet another bland, nondescript hotel room, drinking bad coffee in an attempt to stave off the jet lag.

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U.S. states pass data protection laws on the heels of the GDPR

Data Protection Report

On April 11, 2018, Arizona’s governor signed HB 2154 to amend the Arizona data breach notification law. that maintains, owns or licenses personal identifying information in the course of the person’s business, vocation, or occupation,” are accountable for protecting personal information. Below are the key takeaways from U.S.

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