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Episode 158: How NotPetya has Insurers grappling with Systemic Cyber Risk

The Security Ledger

In this episode of the The Security Ledger podcast (#158): the NotPetya malware outbreak in 2017 raised red flags about the potential for malware to pose systemic risk to insurers: affecting broad swaths of the economy. It was one of the most expensive malware attacks of all time : with damages totaling $10 billion.

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Regulatory Update: NAIC Summer 2018 National Meeting

Data Matters

The Big Data (EX) Working Group heard a presentation from LIMRA regarding how insurers are utilizing consumer data in underwriting life insurance products. Discussion following the presentation focused on stakeholder concerns regarding such use of big data, including the lack of consumer disclosures and confidentiality concerns.