10 2019 Events Government Groups Insurance 
Data Matters
JANUARY 14, 2019
On December 19, 2018, Ohio adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law. The Act is designed to “establish standards for data security and for the investigation and notification to the Superintendent of Insurance of a cybersecurity event.”.
Data Matters
MAY 9, 2019
The National Association of Insurance Commissioners (NAIC) held its Spring 2019 National Meeting (Spring Meeting) in Orlando, Florida, from April 6 to 9, 2019. The March 7, 2019, exposure drafts of the CFR Model Laws have been revised to address those comments as well as certain other comments received from interested parties.
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eSecurity Planet
OCTOBER 18, 2021
The legal complaint [PDF] notes that on July 9, 2019, the day it was hit by a ransomware attack, Springhill Memorial Hospital contended that the event had “not affected patient care.” ” Cyber Insurance No Longer Reliable. Also read: Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs. .
Data Matters
JANUARY 2, 2018
As we begin this New Year, here is list of the top 10 privacy and cybersecurity issues for 2018: EU GDPR. Smaller infringements, such as an organization’s failure to have their records in order, could result in fines of up to 2 percent of annual global turnover or €10 million (whichever is greater).
Data Matters
SEPTEMBER 3, 2020
The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. Annuity Suitability Working Group Drafting FAQ Document to Facilitate Uniformity in State Adoption of Revised Suitability in Annuity Transactions Model Regulation.
Krebs on Security
JULY 27, 2020
In 2019, Dun & Bradstreet saw more than a 100 percent increase in business identity theft. Hold Security founder Alex Holden said the group appears to target both active and dormant or inactive small businesses. For 2020, the company estimates an overall 258 percent spike in the crime. ” PHANTOM OFFICES.
eSecurity Planet
FEBRUARY 16, 2021
In the event of a successful breach, your team must be ready to restore systems and data recovery. Ransomware attacks increased by 130% in 2020 ( Beazley Group ). Only 38% of state and local government employees are trained for ransomware prevention, and only 29% of small businesses have experience with ransomware ( IBM ).
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