Hunton Privacy
JANUARY 2, 2019
New cybersecurity rules for insurance companies licensed in South Carolina are set to take effect in part on January 1, 2019. The new law is the first in the United States to be enacted based on the data security model law drafted by the National Association of Insurance Commissioners.
Krebs on Security
JULY 19, 2021
Experts say the biggest reason ransomware targets and/or their insurance providers still pay when they already have reliable backups is that nobody at the victim organization bothered to test in advance how long this data restoration process might take. That’s why tabletop exercises are incredibly important.
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Data Matters
FEBRUARY 20, 2019
On January 18, 2019, the New York State Department of Financial Services (NYDFS) issued Circular Letter 2019-1 (the Circular Letter), addressing insurers’ use of external consumer data and information sources in underwriting for life insurance. Unlawful Discrimination.
Hunton Privacy
SEPTEMBER 21, 2023
However, the Act would not extend to entities covered by the Fair Credit Reporting Act, the Gramm-Leach-Bliley Act and the Health Insurance Portability and Accountability Act, as well as entities covered by the California Insurance Code.
Data Protection Report
SEPTEMBER 23, 2021
The matter involved one of France’s largest insurers, SGAM AG2R LA MONDIALE, which was subject to an inspection by the French data protection authority (the CNIL), in 2019. The CNIL’s inspection included the insurer’s compliance with Section 5-1(e) of GDPR , which reads: Personal data shall be. Perhaps the CNIL’s €1.75
HL Chronicle of Data Protection
MAY 13, 2019
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.
Hunton Privacy
FEBRUARY 25, 2020
Incident readiness includes having a state-of-the-art incident response plan, conducting tabletop exercises, implementing a vendor management program and having adequate cybersecurity insurance. Sotto stresses that tabletop exercises are especially important in building muscle memory to handle the inevitable cyber attack.
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