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US DoJ indicts Chinese hackers over state-sponsored cyber espionage

Security Affairs

. “Zhu and Zhang were members of a hacking group operating in China known within the cyber security community as Advanced Persistent Threat 10 (the APT10 Group).” The APT10 Group stole hundreds of gigabytes of sensitive data and information from the victims’ computer systems. ” continues the DoJ’s Press release.

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Regulatory Update: NAIC Summer 2018 National Meeting

Data Matters

NAIC Continues its Evaluation of Insurers’ Use of Big Data . The NAIC is also considering insurers’ use of big data in underwriting life insurance products. The Big Data (EX) Working Group heard a presentation from LIMRA regarding how insurers are utilizing consumer data in underwriting life insurance products.