News & Analysis as of September 22, 2024

Cybersecurity › National Institute of Standards and Technology › NAIC

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Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk... more +

Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk management, global regulations, data protection, leaks, hacking, cyber insurance, compliance, HIPAA, and every other aspect of cybersecurity of import to corporate readers right now. less -

The Empire (State) Strikes Back: Six Highlights of New York’s New Cybersecurity Regulations for Financial Institutions

Poyner Spruill LLP on 3/9/2017

The New York Department of Financial Services (NYDFS)’s finalized Cybersecurity Requirements for Financial Services Companies (“regulations”), went into effect on March 1, 2017. NYDFS has provided a 6 month safe harbor to...more

Bill Proposes Tax Incentives For Data Breach Insurance

King & Spalding on 9/29/2016

On September 14, 2016, U.S. Representative Ed Perlmutter (D-Colo.) introduced the “Data Breach Insurance Act,” which would incentivize private industry to enhance its cybersecurity posture by providing federal income tax...more

NAIC Releases Draft of Revised Insurance Data Security Model Law for Review

Robinson+Cole Property Insurance Coverage... on 9/7/2016

The National Association of Insurance Commissioners’ (NAIC) Cybersecurity Task Force released a revised draft of the Insurance Data Security Model Law (Model Law) last week. The Model Law’s goal is to “establish exclusive...more

NAIC Released Revised Insurance Data Security Model Law Draft For Review

Robinson+Cole Data Privacy + Security Insider on 9/2/2016

The National Association of Insurance Commissioners (NAIC) Cybersecurity Task Force released a revised draft of the Insurance Data Security Model Law (Model Law) last week. The Model Law’s goal is to “establish exclusive...more

NAIC Task Force Releases Revised Draft Insurance Data Security Model Law

Eversheds Sutherland (US) LLP on 8/26/2016

On August 17, the National Association of Insurance Commissioners (the NAIC) Cybersecurity (EX) Task Force (the Task Force) released for comment a revised draft Insurance Data Security Model Law (the Model Law). This Model...more

NAIC Task Force Continues Work on Insurance Data Security Model Law

Eversheds Sutherland (US) LLP on 6/7/2016

On May 24 and 25, the National Association of Insurance Commissioners (the NAIC) Cybersecurity (EX) Task Force (the Task Force) hosted a meeting in which state insurance commissioners and interested parties were invited to...more

IAIS Secretary General Considers Path to International Cybersecurity Standard

Foley & Lardner LLP on 5/27/2016

Last week, the National Association of Insurance Commissioners (NAIC) hosted the 2016 NAIC International Insurance Forum. The Forum addressed topics such as the management of catastrophic disaster risks, industry perspectives...more

What the Recent NAIC Financial Condition Examiners Handbook Changes Mean for Insurers

Carlton Fields on 10/27/2015

On September 21, 2015, the National Association of Insurance Commissioners (NAIC) IT Examination Working Group adopted amendments to the IT section of the Financial Condition Examiners Handbook (“the Handbook”). The changes...more

Where Are We Now? The NIST Cybersecurity Framework One Year Later

McDermott Will & Emery on 5/5/2015

The National Institute of Standards and Technology (NIST) released its Cybersecurity Framework (Framework) almost 15 months ago and charged critical infrastructure companies within the United States to improve their...more

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