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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. NAIC Evaluating Definition of “Best Interest” to Determine Whether to Impose Such a Standard in the Suitability in Annuity Transactions Model Regulation.

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We Infiltrated a Counterfeit Check Ring! Now What?

Krebs on Security

In a report released in 2019 (PDF), Agari profiled a group it dubbed “ Scattered Canary ” that is operating principally out of West Africa and dabbles in a dizzying array of schemes, including BEC and romance scams, FEMA and SBA loans, unemployment insurance fraud, counterfeit checks and of course money laundering.

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The Week in Cyber Security and Data Privacy: 1 – 7 January 2024

IT Governance

million people was compromised, including names, addresses, dates of birth, Social Security numbers, taxpayer identification numbers, medical information, health insurance information, and billing and claims information. Only 1 definitely hasn’t had data breached. Information relating to nearly 4.5 Data breached: 4,452,782 records.

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Business ID Theft Soars Amid COVID Closures

Krebs on Security

In 2019, Dun & Bradstreet saw more than a 100 percent increase in business identity theft. She shared with me a copy of the lease, which included a fraudulent ID and even a vehicle insurance card for a Land Cruiser we got rid of like 15 years ago. For 2020, the company estimates an overall 258 percent spike in the crime.

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US: In Washington State’s landmark facial recognition law, public sector practices come under scrutiny and regulation

DLA Piper Privacy Matters

In early March, the Washington state legislature passed a public sector facial recognition privacy bill that has been little noticed due the failure of the Washington Privacy Act (WPA) as well as the subsequent coronavirus disease 2019 (COVID-19) pandemic, which emerged quickly in the state. The key provisions of the law are as follows: I.

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

IT Governance

Compromised data includes victims’ names, addresses, phone numbers and Aadhaar numbers (a 12-digit government identification number). It remains unclear how the data breach occurred, but the attackers apparently suggested it was the result of “exploiting vulnerabilities within government databases of telecommunication systems”.

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The debate on the Data Protection Bill in the House of Lords

Data Protector

Banks must still be allowed to process data to prevent fraud; regulators must still be allowed to process data to investigate malpractice and corruption; sports governing bodies must be allowed to process data to keep the cheats out; and journalists must still be able to investigate scandal and malpractice. change it substantially.

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