2008 Insurance Risk 
Hunton Privacy
AUGUST 10, 2022
NIST issued the updated draft guidance to align it with other NIST cybersecurity guidance documents that have been published since the original HIPAA Security Rule guidance was issued in 2008. The draft guidance does not provide a checklist for HIPAA regulated entities to follow, but rather aims to improve risk management surrounding ePHI.
Hunton Privacy
FEBRUARY 22, 2017
The stolen laptops contained policyholder electronic Protected Health Information (“ePHI”), including names, addresses, birth dates, insurance identifications and, in some cases, Social Security numbers and clinical data. The relevant company policies were instituted after an unrelated 2008 laptop theft from an employee’s car.
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Hunton Privacy
JUNE 13, 2023
On June 6, 2023, the Federal Deposit Insurance Corporation (“FDIC”), the Board of Governors of the Federal Reserve System (“FRB”) and the Office of the Comptroller of the Currency (“OCC”) issued their final Interagency Guidance on Third-Party Relationships (“Guidance”).
Thales Cloud Protection & Licensing
JANUARY 15, 2024
Although a bank is still a bank, there are far more financial institutions needing to be supervised these days, from fintech organisations that offer payment services and trust fund management, to insurers that have changed their scope, to clearing houses and more. We also use strong user authentication, based on risk.
Data Matters
NOVEMBER 16, 2017
At a time when a major cybersecurity incident can cost a company millions, it’s crucial that acquiring companies give cybersecurity the same level of scrutiny as they do more traditional risks and opportunities in the M&A due diligence process. Cybersecurity insurance was a relatively new—and far from prevalent—concept.
Hunton Privacy
FEBRUARY 3, 2017
million civil monetary penalty against Children’s Medical Center of Dallas (“Children’s”) for alleged ongoing violations of the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”) Privacy and Security Rules, following two consecutive breaches of patient electronic protected health information (“ePHI”).
Hunton Privacy
JULY 22, 2009
HSBC Life UK Limited (HSBC Life) was fined £1,610,000, HSBC Actuaries and Consultants Limited (HSBC Actuaries) was fined £875,000 and HSBC Insurance Brokers Limited (HSBC Insurance Brokers) was fined £700,000. The fine is the highest to date in the UK and reflects a 30% discount for cooperating with the FSA.
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