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Cybersecurity: NY Adopts Final Regulations for Banks, Insurance Businesses and Other Financial Services Institutions
  • Mayer Brown LLP
  • USA
  • March 21 2017

On February 16, 2017, the New York State Department of Financial Services ("NYDFS") finalized regulations that mandate cybersecurity standards for all


Insurance Coverage for Data Breaches
  • SandRun Risk
  • USA
  • March 17 2017

Data breaches have resulted in hundreds of millions of data records being illegally accessed. Home Depot, Target, Michael’s, TJ Maxx, Snapchat


U.S. Federal Insurance Office Issues Report Addressing InsurTech and Traditional Insurance
  • McCarthy Tétrault LLP
  • USA
  • March 17 2017

The Federal Insurance Office, U.S. Department of the Treasury (“FIO”) released its first annual Report on Protection of Consumers and Access to


NAIC creates new Innovation and Technology (EX) Task Force
  • Sidley Austin LLP
  • USA
  • March 17 2017

The National Association of Insurance Commissioners (NAIC) has created a new task force to monitor technology, data collection and Cybersecurity


The Cyber Crystal BallIs There Insurance Coverage for the Top Threats of 2017? (Part II)
  • Pillsbury Winthrop Shaw Pittman LLP
  • USA
  • March 16 2017

In our previous post, we started answering the question whether specialty cyber policies are likely to respond to two of the top five cyber threats


The Cyber Crystal BallIs There Insurance Coverage for the Top Threats of 2017? (Part I)
  • Pillsbury Winthrop Shaw Pittman LLP
  • USA
  • March 14 2017

Cyber sages tell us the question is not whether your business will suffer a data breach, but when. To prepare for the inevitable, businesses want to


New Economy Businesses Need New Insurance: Can The Insurance Industry Keep Up?
  • Kilpatrick Townsend & Stockton LLP
  • USA
  • March 14 2017

Kilpatrick Townsend Attorney, Will Um, recently presented the “New Economy Businesses Need New Insurance: Can The Insurance Industry Keep Up?,” as a


New York's New Cybersecurity Rules: Will DFS Rule the Financial Services Cyberworld?
  • Dentons
  • USA
  • March 10 2017

This month, the long-gestating regulation from the New York Department of Financial Services (DFS) mandating that extensive cybersecurity measures be


NYDFS Implements First-in-the-Nation Cybersecurity Rule for Covered Financial Services Companies
  • Crowell & Moring LLP
  • USA
  • March 9 2017

On February 16, 2017, the New York Department of Financial Services (NYDFS) published a final ruleimposing new cybersecurity requirements on covered


New Cybersecurity Regulations from the NY DFS: What Every Insured Should Know
  • Pillsbury Winthrop Shaw Pittman LLP
  • USA
  • March 7 2017

The vaults of the world’s financial capital are getting stronger locks. On March 1, 2017, new “first-in-the-nation” cybersecurity regulations of the