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New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. For example, Mondelez International Inc. For example, Mondelez International Inc.

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An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

Encrypting critical data assets. In January 2017, seeking to provide practical advice for directors to address their oversight responsibilities, the National Association of Corporate Directors (NACD) released its (revised) Handbook on Cyber-Risk Oversight (NACD Handbook). Creating an enterprise-wide governance structure.

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Nation-State-Sponsored Attacks: Not Your Grandfather’s Cyber Attacks

Data Matters

For example: On May 12, 2021, President Biden signed an Executive Order on Improving the Nation’s Cybersecurity. Moreover, following a 78% increase in attacks on supply chain vendors between 2017 and 2020, 35% of all nation-state attacks are now targeted at enterprises. out of 10. Agency (Feb. 14,028, 86 Fed. A month prior, U.S.