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Why Cyber Insurance is Essential in 2022

IT Governance

One of the most common ways to mitigate the risk of a cyber security incident is cyber insurance. These activities aren’t typically included in standard business insurance policies, which tend to only cover costs related to technical issues, such as corrupted hard drives and lost devices. The benefits of cyber insurance.

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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. This post summarizes the highlights from this meeting in addition to interim meetings that were held during July in lieu of taking place during the Summer Meeting.

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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. As a result of the COVID-19 pandemic, the NAIC held the Summer Meeting in a virtual format, with conference calls taking place over a three-week period.

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HHS Targets Small Behavioral Health Clinic for HIPAA Violations Following Ransomware Investigation

Hunton Privacy

Finally, the investigation indicated that GRBH violated the HIPAA Privacy Rule by failing to meet the requirement not to use or disclose PHI except as permitted by the Rule. Submit its training materials to HHS for approval and provide appropriate training to the workforce within 30 days of HHS approval.

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

eSecurity Planet

. “IT Security buyers don’t have as much time as they’d like to research and choose security solutions – a situation exacerbated by vendors that exaggerate their capabilities and sell products that don’t meet expectations,” the Egress report said. Assessing AI and Security Training.

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HackerOne awarded over $300 million bug hunters

Security Affairs

62% of hackers plan to train their AI to specialize in the OWASP Top 10 for Large Language Models. “The Hacker-Powered Security Report makes clear that hackers are actively growing their skillsets to meet emerging threats. Additional info is available in the report published by the company.

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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.