Remove 2018 Remove Access Remove Definition Remove Insurance
article thumbnail

Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.

Insurance 128
article thumbnail

Ohio Adopts National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law

Data Matters

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.”. O.R.C. §§ 3965.01(E).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Michigan Adopts National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law

Data Matters

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.

article thumbnail

Regulatory Update: NAIC Fall 2018 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Fall 2018 National Meeting (Fall Meeting) in San Francisco, California, from November 15 to 18, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data. systemic risk of insurers with other parts of the financial system, notably the banking.

article thumbnail

Autonomous Vehicles – Canada’s Current Legal Framework: Privacy (Part 4)

Data Protection Report

If a third-party attacker were to gain access to data collected by an AV, the consequences could be quite severe since an attacker could use this information to commit identity theft or obtain unauthorized access to buildings or systems. contact list, messages). Additionally, since AVs can collect data from multiple sources (e.g.,

Privacy 85
article thumbnail

HHS Issues Proposed Rule Modernizing HIPAA Privacy Rule

Data Matters

The proposed changes are designed to lead to increased data access, sharing, and portability and to further HHS’s emphasis on patients’ right of information access, which has been highlighted through a series of enforcement actions in 2020. 1] Key provision of the Proposed Rule include: Individual Right of Access.

Privacy 66
article thumbnail

Security Compliance & Data Privacy Regulations

eSecurity Planet

And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. After all, security and accessibility are exact opposites of each other; perfect security, by definition, means zero accessibility, and vice versa. In the U.S.,