{"id":789,"date":"2017-09-04T22:30:00","date_gmt":"2017-09-04T22:30:00","guid":{"rendered":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/2017\/09\/04\/model-law-new-kid-on-the-block-9-selling-points-for-insurance-cyber-security-regulation\/"},"modified":"2017-09-04T22:30:00","modified_gmt":"2017-09-04T22:30:00","slug":"model-law-new-kid-on-the-block-9-selling-points-for-insurance-cyber-security-regulation","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/model-law-new-kid-on-the-block-9-selling-points-for-insurance-cyber-security-regulation\/","title":{"rendered":"Model Law. New Kid on the Block. 9 Selling Points for Insurance Cyber Security Regulation."},"content":{"rendered":"<p>\u00a0National Association of Insurance Commissioner\u2019s\u00a0approved Insurance Data Security Model Law to improve cyber risk management in the U.S. insurance market.<\/p>\n<p>What does the model law do?<\/p>\n<ul>\n<li>establish industry standards for data security<\/li>\n<li>applies\u00a0to insurers, brokers, and agents<\/li>\n<li>requires\u00a0companies to have written information security program protecting\u00a0sensitive data<\/li>\n<li>requires annual cetification\u00a0to state insurance commissioners<\/li>\n<li>requires notification of data breaches within 72 hours<\/li>\n<li>encourages insurers to incorporate cybersecurity into their overall enterprise risk management &amp; corporate governance practices<\/li>\n<li>minimum practices of board and senior management reporting<\/li>\n<li>oversight of information security practices<\/li>\n<li>monitoring of third party service provider<br \/>\n\tarrangements<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.reinsurancene.ws\/naics-new-security-model-improve-u-s-insurance-sectors-cyber-risk-management-fitch\/\">Reinsurance News | \u00a0NAIC\u2019s new security model to improve U.S. insurance sector\u2019s cyber risk management: Fitch<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0National Association of Insurance Commissioner\u2019s\u00a0approved Insurance Data Security Model Law to improve cyber risk management in the U.S. insurance market.<\/p>\n<p>What does the model law do?<\/p>\n<ul>\n<li>establish industry standards for data security<\/li>\n<li>applies\u00a0to insurers, brokers, and agents<\/li>\n<li>requires\u00a0companies to have written information security program protecting\u00a0sensitive data<\/li>\n<li>requires annual cetification\u00a0to state insurance commissioners<\/li>\n<li>requires notification of data breaches within 72 hours<\/li>\n<li>encourages\u2026<\/li>\n<\/ul>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23,19,3],"tags":[],"class_list":["post-789","post","type-post","status-publish","format-standard","hentry","category-business-trend","category-insurance","category-legislative-trend","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/comments?post=789"}],"version-history":[{"count":0,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/789\/revisions"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/media?parent=789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/categories?post=789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/tags?post=789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}