Data Matters

SEPTEMBER 7, 2023

The National Association of Insurance Commissioners (NAIC) held its Summer 2023 National Meeting (Summer Meeting) from August 12–16, 2023. The post Regulatory Update: National Association of Insurance Commissioners Summer 2023 National Meeting appeared first on Data Matters Privacy Blog.

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Data Matters

FEBRUARY 2, 2021

The National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law has been adopted in at least 11 states, with several others (including New York) having implemented either older or similar laws or administrative guidance. appeared first on Data Matters Privacy Blog. See MCL § 500.555(9).).

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eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks. That’s a 29.1%

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IT Governance

MAY 24, 2022

Organisations must always look for cost-effective ways to address the cyber security risks they face. With more than 1,200 publicly disclosed data breaches last year , and organisations spending almost £3 million on average responding to security incidents , effective risk management is a top priority. The benefits of cyber insurance.

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Hunton Privacy

SEPTEMBER 21, 2023

The publication offers general guidance on issues including what entities the specific laws and regulations cover, the measures covered entities can adopt to maintain the privacy and security of consumers’ health information, and the steps entities must take in the event of a data breach.

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Data Matters

APRIL 19, 2023

The National Association of Insurance Commissioners (NAIC) held its Spring 2023 National Meeting (Spring Meeting) March 21–25, 2023. The post Regulatory Update: National Association of Insurance Commissioners Spring 2023 National Meeting appeared first on Data Matters Privacy Blog.

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The Last Watchdog

JUNE 9, 2022

Phishing emails may ask for personal information like a log-in or Social Security number to authenticate your account, or they may urge you to share your credit card payment details. A criminal exploiting someone’s medical or insurance details to make fraudulent claims is known as medical identity theft. Romance Scam.

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Data Matters

OCTOBER 20, 2022

Treasury Department is seeking public comment on the need and scope for a potential federal insurance response to catastrophic cyber incidents, akin to the one put in place for terrorism insurance after the attacks of September 11, 2001. The request, published by the Federal Insurance Office (FIO) in the U.S. Background.

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Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. The necessity for cyber-insurance coverage. With cyber attacks amounting to a question of when and not if, cyber insurance becomes crucial for ensuring business continuity and mitigating the business impact of attacks – should they occur. Tue, 05/10/2022 - 05:43.

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Thales Cloud Protection & Licensing

MARCH 5, 2023

In the fragmented insurance landscape, let’s unify customer experience divya Mon, 03/06/2023 - 06:13 You may think of an insurance company as a singularly-focused entity, offering protection for one product. However, the insurance business reaches across a disparate range of consumer products. To add to the challenge, a.s.r.

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IT Governance

NOVEMBER 13, 2023

On 14 September, Mulkay discovered that the compromised files contained personal information, including “name, address, date of birth, Social Security number, driver’s license number or state ID, medical treatment information, and health insurance information”. Some patients also had their Social Security numbers exposed.”

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Thales Cloud Protection & Licensing

JULY 4, 2022

How Cybersecurity Insurance Can Work To Help An Organization. In the last 20+ years, cybersecurity insurance has added risk transference to the available palette of palliative choices. I recently spoke with Neira Jones and Danna Bethlehem about how cybersecurity insurance can work to help an organization. regulations.

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Data Protection Report

JANUARY 4, 2024

December tends to be a busy time for everyone, so you may have missed a privacy update or two. We have set out some updates in the form of questions, with links in the answers where you can find more information. (For For those making this quiz a competitive event, we have included a tie-breaker/bonus question.) Answers are below.

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IBM Big Data Hub

MAY 8, 2023

In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. The risk of privacy leakage from interaction with AI technologies is a major source of consumer concern and mistrust.

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IT Governance

OCTOBER 24, 2023

Incident details: Network security incident, where allegedly AlphV gained unauthorised access and made demands to the hospital’s leadership, suggesting a ransomware attack. D-Link Corporation Provides Details about an Information Disclosure Security Incident Date of breach: 2 October 2023. Records breached: Around 700 records.

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IT Governance

NOVEMBER 6, 2023

According to the security company Resecurity , which discovered the listing, the data included victims’ name, age, gender, address, passport number and Aadhaar number (a 12-digit government identification number). It secured its systems, notified law enforcement and began investigating the incident. Boeing is “assessing the claim”.

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Hunton Privacy

NOVEMBER 15, 2023

The Australian legislature increased maximum penalties for ‘serious’ contraventions of the Privacy Act with effect from December 2022 to at least A$50 million. The Publicly Available Facts Australian Clinical Labs Limited is listed on the Australian Securities Exchange and operates one of the largest pathology businesses in Australia.

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IT Governance

JANUARY 9, 2024

LockBit claims responsibility for Capital Health security incident The LockBit ransomware group has claimed responsibility for an attack on Capital Health , a healthcare provider in Pennington, New Jersey, last November. They accessed 41.5 The compromised data allegedly includes names, email addresses and phone numbers.

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Data Matters

JANUARY 14, 2019

On December 19, 2018, Ohio adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law. The Act is designed to “establish standards for data security and for the investigation and notification to the Superintendent of Insurance of a cybersecurity event.”.

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Krebs on Security

JULY 21, 2023

But one aspect of that vaunted list that hasn’t shifted much since is that very few of these companies list any security professionals within their top executive ranks. But organizations that do not offer this coverage to their security leaders are unlikely to list those positions in their highest ranks, Schreider said.

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The Last Watchdog

JANUARY 20, 2020

To help mitigate the risk of financial losses, more companies are turning to cyber insurance. Related: Bots attack business logic Cyber insurance, like other forms of business insurance, is a way for companies to transfer some of numerous potential liability hits associated specifically with IT infrastructure and IT activities.

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Hunton Privacy

AUGUST 6, 2019

On August 2, 2019, New Hampshire Governor Chris Sununu signed into law SB 194 (the “Bill”), which requires insurers licensed in the state (“licensees”) to put in place data security programs and report cybersecurity events. Key provisions of the Bill include: Information Security Program. Incident Response Plan.

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IG Guru

APRIL 16, 2020

Professor Daneil Solove interviews Kimberly Horn about Cyber Insurance and Ransomeware here. The post Ransomware and the Role of Cyber Insurance via Teach Privacy appeared first on IG GURU.

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Data Matters

OCTOBER 20, 2022

Treasury Department is seeking public comment on the need and scope for a potential federal insurance response to catastrophic cyber incidents, akin to the one put in place for terrorism insurance after the attacks of September 11, 2001. The post U.S.

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Data Matters

FEBRUARY 11, 2019

On December 28, 2018, Michigan adopted the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law in the form of Michigan H.B. The Act defines licensees as persons authorized, registered, or licensed under Michigan insurance laws or required to be so. 6491 (Act). MCL § 500.550.

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Hunton Privacy

MAY 10, 2022

On May 10, 2022, Connecticut Governor Ned Lamont signed An Act Concerning Personal Data Privacy and Online Monitoring , after the law was previously passed by the Connecticut General Assembly in April. Connecticut is now the fifth state to enact a consumer privacy law. As with most of the existing U.S.

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Collibra

JUNE 23, 2023

The ever-growing digitalization of our world has raised significant concerns about data privacy and security, particularly for agencies that manage and process sensitive and confidential information. Focus: Regulatory frameworks Within the United States there are a number of regulatory frameworks that address citizen privacy.

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IT Governance

FEBRUARY 21, 2024

Fowler sent a responsible disclosure notice when he discovered the database and it was secured the following day. Welfare Benefits Plan Source 1 ; source 2 New Healthcare USA Yes 13,079 Insurance ACE/Humana Inc. Source New Manufacturing USA Yes 20,415 TECA Srl Source New Transport Italy Yes 16.7 GB AGC Flat Glass North America, Inc.

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DLA Piper Privacy Matters

MARCH 27, 2023

LOPMI introduces amendments to the insurability of losses and damages paid in response to cyber-attacks, including in relation to ransom payments – requiring that the payment of insurance compensation be conditional on the filing of a complaint, within a 72 hour time frame, to competent authorities.

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Data Matters

JUNE 23, 2022

Kentucky and Maryland recently continued the trend of state insurance departments adopting some version of the National Association of Insurance Commissioners’ (“NAIC”) Insurance Data Security Model Law. The post Kentucky and Maryland Recently Joined Other States in Adopting NAIC Model Data Security Law.

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Hunton Privacy

AUGUST 10, 2023

On July 25, 2023, Hunton published a client alert discussing the importance of cyber and directors and officers (“D&O”) liability insurance for companies and their executives to guard against cyber-related exposures. Securities and Exchange Commission (“SEC”) has adopted new final rules about cyber risk management and incident disclosure.

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DLA Piper Privacy Matters

NOVEMBER 3, 2022

Anyone with a passing interest in Australian privacy laws will no doubt have heard about the Optus data breach. The news was swiftly followed up with an announcement from Medibank, Australia’s largest private health insurer, of a breach affecting all of its 3.9 Author: Sarah Birkett. million customers.

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IT Governance

FEBRUARY 14, 2024

Compromised data includes policyholders’ and their families’ civil status, dates of birth and social security numbers, as well as the name of their health insurer and information relating to their contracts. It has since been confirmed by Anukul Peedkaew, the permanent secretary of social development and human security.

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Hunton Privacy

JULY 12, 2023

On June 22, 2023, the Oregon House of Representatives passed the Oregon Consumer Privacy Act ( S.B. If signed, the OCPA would make Oregon the 12th state to have enacted comprehensive privacy legislation. 602, which makes the OCPA more proscriptive than other comprehensive state privacy laws.

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Security Affairs

MARCH 17, 2024

Every week the best security articles from Security Affairs are free for you in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

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Security Affairs

JANUARY 7, 2024

Every week the best security articles from Security Affairs are free for you in your email box. Experts spotted a new macOS Backdoor named SpectralBlur linked to North Korea Merck settles with insurers regarding a $1.4 A new round of the weekly SecurityAffairs newsletter arrived!

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Data Matters

JULY 30, 2018

In October 2017, the National Association of Insurance Commissioners (NAIC) adopted an Insurance Data Security Model Law. On May 3, 2018, South Carolina became the first state to enact this Model Law, in the form of the South Carolina Insurance Data Security Act (H.B.

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