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UAE: Federal level data protection law enacted

DLA Piper Privacy Matters

The United Arab Emirates (“UAE”) has enacted its long awaited federal level data protection law. 45 of 2021 on the Protection of Personal Data Protection (“ PDPL ”), which was issued on 26 September 2021. This article examines some of its key features. Territoriality.

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Cybersecurity Management Lessons from Healthcare Woes

eSecurity Planet

Ransomware attacks and data breaches make headlines when they shut down huge connected healthcare providers such as Ascension Healthcare or Change Healthcare. Disclosed damages and costs include: 4TB of stolen data $22 million in paid ransom $593 million direct response costs $279 billion in business disruptions $1.6

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Gift Card Gang Extracts Cash From 100k Inboxes Daily

Krebs on Security

Here’s the story of a cybercrime group that compromises up to 100,000 email inboxes per day, and apparently does little else with this access except siphon gift card and customer loyalty program data that can be resold online. And they seem particularly focused on stealing gift card data.

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How to Develop an Incident Response Plan

eSecurity Planet

We make IT, security, or any business decision by weighing the risks and the rewards. Or as is often the case with security, what costs can we skip and still escape big penalties later? Unfortunately for those of us indulging in wishful thinking, the likelihood and costs of data breaches continue to increase.

Insurance 122
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Regulatory Update: NAIC Summer 2020 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. NAIC Considers Comments to the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act . GCC Template and Instructions.

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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. ceding insurer could be eligible for the same reduced collateral requirements that would apply to qualifying EU reinsurers under the revised CFR Model Laws.