data security News

Maine One of Latest States to Enact NAIC-Inspired Insurance Data Security Act

Maine is one of the latest states to enact its own version of the National Association of Insurance Commissioners (NAIC) model data security law, signing the Maine Insurance Data Security Act into law on March 17. The NAIC Insurance Data …

China Drafts Rules on Security of Data From Connected Vehicles

China published draft rules on Thursday to ensure the security of data generated by connected vehicles, as the proliferation of smart cars such as Teslas, fuels concerns about privacy and national security. Last month, U.S. electric car maker Tesla Inc. …

Who’s Insuring Your Privacy?

Who’s Insuring Your Privacy? The Federal Trade Commission is trying, but we live in a country where the mantra remains “Buyer Beware.” Unless you’re reading the privacy policies on every service, application and connected electronic you utilize, and make a …

The Present Use and Promise of Blockchain in Insurance

Twenty years ago, people who thought that the Internet would completely transform business processes would have been right, but they could also have lost a lot of money investing in “dot com” enterprises that failed. Organizations today find themselves in …

New York Financial Regulator to Delay Cyber Security Rules

New York’s financial regulator will delay an anticipated Jan. 1 deadline for banks and insurers doing business in the state to comply with controversial cyber security rules, a person familiar with the matter said. The regulator, the New York State …

Trump Hotels Settles with New York Attorney General Over Data Breaches

Trump International Hotels Management LLC agreed to pay $50,000 to settle with New York State over data breaches that exposed 70,000 credit card numbers and other personal information, New York Attorney General Eric Schneiderman announced on Friday. The company, which …

Can Your ‘Smart’ Appliances Be Trusted with Your Personal Data? Probably Not…

Your fridge is getting so smart, security-software maker Kaspersky Lab thinks you probably shouldn’t trust it. As makers of household appliances fill their machines with computer chips to make them smarter, consumers and privacy watchdogs should beware the data collected …

IronPro Enhances Cyber Policy Risk Management Services

IronPro, the professional liability unit of Ironshore Inc., is introducing a suite of enhanced risk management services for cyber policyholders. IronPro will provide eligible Ironshore Highly Protected Information (HPI) policyholders with cyber monitoring and alert services (CMAS) during the policy …

Hackers Target Data of Catholic Workers in Michigan

Hackers cracked a computer network and got access to Social Security numbers and other personal information of more than 10,000 people who work for Roman Catholic churches or church affiliates around Michigan. “I cannot tell you how many prayers have …

Survey: Many Consumers Stress Over Safety of Financial Information

While the safety of their private financial information is a big deal for a lot of people, when it comes to protecting it, many are actually pretty lax, a new survey says. According to the phone survey commissioned by MasterCard, …