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Daily Dashboard | New Guidance for the Insurance Industry Related reading: MedData data breach lawsuit settled for $7M

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Earlier this month, the National Association of Insurance Commissioner's (NAIC) Cybersecurity Task Force “announced 12 ‘Principles for Effective Cybersecurity Insurance Regulatory Guidance,’ intended to advise industry regulators concerning the privacy and security practices of insurance agents, companies and others that fall under their jurisdiction,” writes Alexander White, CIPP/C, CIPP/E, CIPP/G, CIPP/US, CIPM, for Privacy Tracker. “Since the insurance industry in the U.S. is regulated at the state level through the departments of insurance for each state and jurisdiction—56 insurance commissioners in all, from 50 states, five territories and the District of Columbia—the NAIC's model laws and regulations can ease compliance challenges for multistate insurance companies, agents and others.” White outlines the principles and what privacy pros need to know. (IAPP member login required.)
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