U.S. and EU Announce Deal on the EU-US Privacy Shield
Posted on Feb 4, 2016 in Uncategorized | Comments Off on U.S. and EU Announce Deal on the EU-US Privacy Shield
The United States (U.S.) and the European Union (EU) announced on February 2 that they have reached an agreement on a new data-sharing arrangement tentatively named the “EU-U.S. Privacy Shield.” This new arrangement will replace the previous “Safe-Harbor” agreement that was struck down by the European Court of Justice in October. Although the details of implementation remain largely...
Cyber Bill passed into law as part of Omnibus Spending Package
Posted on Dec 21, 2015 in Uncategorized | Comments Off on Cyber Bill passed into law as part of Omnibus Spending Package
The Cybersecurity Act of 2015 (“Act”), which was added to the fiscal 2016 appropriations measure, was signed into law on December 18, 2015. The Act includes, among other things, incentives for companies to participate in sharing information about data threats with the government and among themselves. Among these incentives is liability protection for those who participate in the...
NIST RFI on Cybersecurity Framework
Posted on Dec 11, 2015 in Uncategorized | Comments Off on NIST RFI on Cybersecurity Framework
The National Institute of Standards and Technology (NIST) is seeking information on how it might update and improve its February 2014 ‘‘Framework for Improving Critical Infrastructure Cybersecurity.” The Framework consists of voluntary standards, guidelines, and practices intended to help organizations manage cybersecurity risks. In a Request for Information (RFI) issued on December...
Cyberthreat Data Sharing Legislation Advances
Posted on Apr 23, 2015 in Government | Comments Off on Cyberthreat Data Sharing Legislation Advances
The House on April 22 passed legislation granting liability protections to U.S. companies that share cyberthreat information with each other and the federal government. The Protecting Cyber Networks Act (H.R. 1560) would allow companies to voluntarily share information on cyberthreat indicators and defensive measures while requiring them to remove any personal data before providing the...
NAIC Update – Spring 2015
Posted on Apr 22, 2015 in Financial Services | Comments Off on NAIC Update – Spring 2015
The National Association of Insurance Commissioners (NAIC) held its first national meeting for 2015 in Phoenix, Arizona, from March 26 through March 31. Noteworthy new initiatives include cybersecurity, price optimization and the development of a model law for unclaimed life insurance benefits. Other important topics we follow that continue to receive regulatory attention are life...
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