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New York cybersecurity regulations Archives - Insurance Journal

New York cybersecurity regulations News

New York Fines GEICO $9.75M, Travelers $1.5M Over Auto Insurance Cyber Breaches

Two auto insurers will pay fines totaling $11.3 million for data breaches of online insurance quoting systems that New York officials say compromised personal information of an estimated 120,000 customers in total. New York Attorney General Letitia James and New …

New York Fines Dental Insurer $400K Over Data Breach

New York Attorney General Letitia James today secured $400,000 from dental insurance provider Healthplex, Inc. for failing to properly protect the personal and medical information of New Yorkers. Healthplex, a Long Island-based company, had inadequate data security practices that made …

Title Insurer to Pay New York $1 Million Penalty Over 2019 Data Breach

The New York State Department of Financial Services (DFS) announced that First American Title Insurance Co. will pay a $1 million penalty to New York State for violations of DFS’s cybersecurity regulation stemming from a large-scale cybersecurity breach in May …

New York Proposes Changes to Financial Services Cybersecurity Regulation

More small financial services businesses will be exempt, the rules will be tailored to reflect more diversity in businesses, and top executives of financial services firms will face heightened accountability under proposed changes to New York’s model financial services cybersecurity …

New York’s $4.5M Cybersecurity Settlement with EyeMed Bars Insurance Recovery

Health insurance company EyeMed Vision Care LLC will pay a $4.5 million penalty to New York State for violations of the state’s cybersecurity regulation that officials said exposed hundreds of thousands of consumers’ personal health data, including data concerning minors. …

Carnival Cruise Pays $5M, Gives Up Insurance Licenses in New York Over Data Breach

New York’s financial services regulator has fined Carnival Corp. $5 million for violations of the state’s cybersecurity regulations that the state says caused four cyber breaches and the exposure of personal data belonging to its customers, including New York consumers. …

New York Sees Its Cyber Rules for Insurers as Model for Other States

A group of U.S. state insurance regulators should use New York’s sweeping cyber security rules as a model for how insurers must protect their networks from hackers and when they must disclose cyber events, New York’s financial regulator said on …

N.Y. Regulators Weigh Cybersecurity Requirements for Banks, Insurers

New York regulators are considering a host of cybersecurity requirements for banks and insurers and urged other state and federal authorities to collaborate on establishing a framework of defenses for the financial sector. New York Financial Services Superintendent Anthony Albanese …