New York's insurance regulator says his department has sent letters to 31 of the state's largest insurance companies asking what steps they are taking to keep data safe from cyber threats as part of the governor's effort to protect critical infrastructure and information systems.
"The extraordinarily sensitive health, personal, and financial information that New Yorkers entrust to their insurance companies is a virtual treasure trove for hackers," says Gov. Andrew M. Cuomo, in a statement. "We're intensely focused on making sure that banks have the protections in place they need, but we always have to keep at least one eye on the lookout for the next big threat. It's vital that we stay ahead of the curve on cyber security because we know hackers aren't going to give us any breathing room."
The New York Department of Financial Services, which regulates both the state's banks and insurers, sent carriers a "308 letter," which legally requires them to respond to the request.
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