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Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

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.

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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. The changes are effective December 31, 2021.

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The Impact of Data Protection Laws on Your Records Retention Schedule

ARMA International

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.

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Have board directors any liability for a cyberattack against their company?

Security Affairs

Are the directors of a company hit by a cyberattack liable for negligence in failing to take steps to limit the risk. As the risk of a cyberattack grows, it is pivotal to consider whether the directors of a company hit by a ransomware attack, for example, can bear any liability for negligence in failing to take steps to limit the risk.

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The Week in Cyber Security and Data Privacy: 1 – 7 April 2024

IT Governance

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.

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The Week in Cyber Security and Data Privacy: 22 – 28 January 2024

IT Governance

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.