Data Matters

SEPTEMBER 7, 2022

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group expects to expose an initial draft of the white paper in advance of the Fall 2022 Meeting. 1. NAIC to Develop New Privacy Model Law. 26R — Bonds (SSAP No.

Insurance 78

Insurance Paper Privacy Risk 78

Hunton Privacy

NOVEMBER 23, 2021

On November 18, 2021, the Federal Reserve, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency issued a new rule regarding cyber incident reporting obligations for U.S. The final rule becomes effective April 1, 2022, and compliance is required by May 1, 2022. banks and service providers.

Insurance 85

Insurance Compliance Security IT 85

Data Matters

SEPTEMBER 20, 2021

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.

Insurance 88

Insurance e-Delivery Paper Sales 88

ARMA International

APRIL 18, 2022

Definition and Purpose of a Records Retention Schedule. Certain sectors, such as banking, financial services, health, and insurance have their own data protection and privacy requirements. 8 This is the GDPR definition and other countries have similar broad definitions of personal data. Accessed March 13, 2022.

Personal data 100

Personal data GDPR Privacy Records Management 100

Security Affairs

NOVEMBER 14, 2022

According to research conducted by IBM, the average cost to companies of a data breach in 2022 is US$ 4.35 Add to that, there is the risk of penalties and fines (which are not insurable in most jurisdictions) not only under privacy and data protection regulations but also on the basis of cybersecurity regulations that are now proliferating.

Insurance 120

Insurance Risk Ransomware Encryption 120

IT Governance

APRIL 9, 2024

Other databases contained health insurance data, such as patents’ names, dates of birth, addresses and medical data. Only 2 definitely haven’t had data breached. EyeCare Services Partners exposes more 3.5 The biggest database in the blob contained 3.1 million patients and 1.6 million unique Social Security numbers.

Data Privacy 52

Data Privacy Privacy Security Manufacturing 52

IT Governance

JANUARY 30, 2024

Compromised data includes victims’ names, addresses, phone numbers and Aadhaar numbers (a 12-digit government identification number). Only 1 definitely hasn’t had data breached. On top of that, we found out about the MOAB this week, affecting 3,876 organisations with more than 26 billion records breached.

Data Privacy 52

Data Privacy Retail Privacy Manufacturing 52