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Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

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CCPA Marches On: California Attorney General Proposes Further Revisions to CCPA Regulations, Industry Pleads for Enforcement Delay Amid COVID-19 Crisis

Data Matters

Previous drafts of the AG’s proposed regulations tempered the impact of potential automated privacy controls by requiring consumers to exercise their opt-out rights each time they wanted to direct a business not to sell their personal information. The March proposed regulations now allow future global privacy controls (e.g.,

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Telehealth Hazard? HHS Loosens HIPAA Standards for Telemedicine

Adam Levin

“The current pandemic is pushing the entire medical industry to minimize risk,” he added.

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Regulatory Update: NAIC Summer 2020 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. NAIC Considers Comments to the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act . GCC Template and Instructions.

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First Multistate HIPAA Data Breach Lawsuit May Signal Increased State Interest in Data Security Enforcement

Data Matters

The stolen information allegedly included names and identifying information, hashed passwords, security questions and answers, family information, Social Security numbers, lab results, health insurance information, doctor’s names, and medical conditions, among other things.

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U.S. and Foreign Cybersecurity and Intelligence Agencies Recommend Measures to Counteract Threat of Russian Cyberattacks

Data Matters

Create, Maintain, and Exercise a Cyber Incident Response, Resilience, and Continuity of Operations Plan. Prominent examples include the NY DFS Cyber Regulations , California Consumer Privacy Act (“CCPA”) , NY SHIELD Act , Massachusetts data security law , and the numerous Insurance Data Security laws.

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Regulatory Update: NAIC Fall 2018 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Fall 2018 National Meeting (Fall Meeting) in San Francisco, California, from November 15 to 18, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data. systemic risk of insurers with other parts of the financial system, notably the banking.