article thumbnail

Cybersecurity Rules for Insurance Companies to Take Effect in South Carolina

Hunton Privacy

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.

article thumbnail

Security Affairs newsletter Round 408 by Pierluigi Paganini

Security Affairs

Every week the best security articles from Security Affairs are free for you in your email box. If you want to also receive for free the newsletter with the international press subscribe here.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Don’t Wanna Pay Ransom Gangs? Test Your Backups.

Krebs on Security

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.

article thumbnail

More Than 90% of IT Decision Makers Struggle to Evaluate Security Products

eSecurity Planet

The vast majority of cybersecurity decision makers – 91 percent, in fact – find it difficult to select security products due to unclear marketing, according to the results of a survey of 800 cybersecurity and IT decision makers released today by email security company Egress. Assessing AI and Security Training.

IT 123
article thumbnail

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.

article thumbnail

California Legislature Passes Bill Regulating Data Brokers

Hunton Privacy

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.

article thumbnail

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.