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New York Department of Financial Services Issues Guidance Regarding Life Insurers’ Use of External Consumer Data in Underwriting

Data Matters

On January 18, 2019, the New York State Department of Financial Services (NYDFS) issued Circular Letter 2019-1 (the Circular Letter), addressing insurers’ use of external consumer data and information sources in underwriting for life insurance. Unlawful Discrimination.

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U.S. and Foreign Cybersecurity and Intelligence Agencies Recommend Measures to Counteract Threat of Russian Cyberattacks

Data Matters

Other government agencies, like the New York Department of Financial Services and the Federal Trade Commission, are also increasingly focused on the need for broad implementation of MFA. Create, Maintain, and Exercise a Cyber Incident Response, Resilience, and Continuity of Operations Plan.

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Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

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ICYMI – Late December in privacy and cybersecurity

Data Protection Report

the country in which Processing occurs e. the identity of Affiliates, Processors, or Third-Parties Personal Data is shared with f. methods by which Consumers can exercise their Data Rights request; or g. Processing purposes.

Privacy 115
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New York hospitals have new cybersecurity requirements

Data Protection Report

The regulation includes elements of both the Health Insurance Portability and Accountability Act (HIPAA) and the New York Department of Financial Services (NYDFS) cybersecurity regulation. Therefore, covered hospitals may need to revise their risk analysis and management process to comply with the new regulation.

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(Discussion Recap) A Perfect Storm? Panel Discussion on Handling a Cybersecurity Incident

HL Chronicle of Data Protection

On Tuesday, 3 March 2020, we welcomed our financial services clients in London to a lively panel event, which covered the multitude of issues which arise in a cybersecurity incident. The incident response plan should be tested in tabletop exercises involving the individuals and teams who would be involved in a real-world incident.

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Getting ready for artificial general intelligence with examples

IBM Big Data Hub

Image (55%): Gen AI can simulate how a product might look in a customer’s home or reconstruct an accident scene to assess insurance claims and liability. It might create interactive simulations, personalized exercises and even gamified learning experiences to keep students engaged and motivated. Mastering a topic?