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Regulatory Update: NAIC Summer 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

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Webinar on the SAFETY Act, Security and Insurance

Hunton Privacy

From physical threats to cyber attacks targeting a wide range of critical infrastructure, companies in diverse sectors, such as the financial, retail, entertainment, energy, transportation, real estate, communications and other areas, face a challenging landscape of risks and potential liabilities. Join us on October 28, 2019, at 12:00 p.m.

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The Week in Cyber Security and Data Privacy: 22 – 28 January 2024

IT Governance

Source (New) Retail USA Yes 2,588,849 Keenan & Associates Source 1 ; source 2 (Update) Insurance USA Yes 1,509,616 AGC Group Source (New) Manufacturing Japan Yes 1.5 TB Four Hands Source (New) Manufacturing USA Yes 1.5 TB UK forex customers Source (New) Finance UK Yes 1,001,214 A.N.S.

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US-based children’s clothing maker Hanna Andersson discloses a data breach

Security Affairs

The US-based children’s clothing maker and online retailer Hanna Andersson discloses a data breach, attackers planted an e-skimmer on its e-commerce platform. Forensics experts hired by the company discovered that the malicious code was likely planted on September 16, 2019. The malware was completely removed on November 11, 2019.

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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. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.

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List of data breaches and cyber attacks in October 2019 – 421 million records breached

IT Governance

Norfolk and Norwich University Hospital patients furious after their health records sent to the wrong address (11). US retailer Kroger reports ‘isolated incident’ involving pharmacy records (unknown). French fashion retailer Sixth June victim of payment card skimming scam (unknown).

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List of data breaches and cyber attacks in May 2021 – 116 million records breached

IT Governance

Doncaster-based One Call Insurance hit by ransomware (unknown) Ransomware attack on Swiss Cloud Computing AG (6,500) Wolfe Eye Clinic victim of Lorenz threat actors (unknown) One of the US’s largest pipelines shuts down to contain cyber security breach (unknown) J. Find out more. Ransomware.