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Regulatory Update: NAIC Summer 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

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What is data governance in healthcare?

Collibra

Organizations need to be vigilant about their data use because consumers have a unique and protective relationship with their health information; in fact, RSA Archer conducted a study on data security and found that 61% of American consumers are concerned about the security of their medical information. Silos create other challenges too.

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The Hacker Mind Podcast: The Internet As A Pen Test

ForAllSecure

Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. VAMOSI: Cybersecurity insurance. cyber insurance as a whole was changing heavily. And why is that?

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Debut of the Texas State Records Retention Schedule (RRS): 5th Edition – 5/10/2020

The Texas Record

3.1.031 Employee Benefits – Other than Insurance Bucketed into Employee Benefits (3.1.011). 3.2.010 Human Resources Information System (HRIS) Reports This type of record should be classified under Reports and Studies (Non-Fiscal) (1.1.067). New descriptions have been added for 41 series. The struggle is over!

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The debate on the Data Protection Bill in the House of Lords

Data Protector

I am therefore pleased that the Government’s position paper also calls for a future relationship that builds on the adequacy model. The Government’s position paper acknowledges this but lacks detail. This becomes very onerous if you are doing a long study. This should offer certainty for businesses, particularly SMEs.

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Extended Validation Certificates are Dead

Troy Hunt

Comodo goes on with an attempt to establish the efficacy of EV by referring to "a recent study": A recent survey by DevOps.com found that customers are 50% more likely to trust and purchase from a website with a green address bar. The motives behind the study are important for reasons that should be apparent in the thread.

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ROUNDTABLE: Experts react to President Biden’s exec order in the aftermath of Colonial Pipeline hack

The Last Watchdog

This very high-profile caper is part of an extended surge of ransomware attacks, which quintupled globally between the first quarter of 2018 and the fourth quarter of 2020, and is expected to rise 20 percent to 40 percent this year, according to insurance giant Aon. More paper (regulation) is not going to solve this problem.