Search
 

InsurTech Center

N.Y. to investigate insurers’ cybersecurity work after hacks

Insurers doing business in N.Y. must tell a regulator there about efforts to prevent computer hacking, detailing the precautions taken and the personnel devoted to the task.

By Doni Bloomfield | Updated on March 27, 2015
Benjamin Lawsky, superintendent of the New York State Department of Financial Services. (AP Photo/Mike Groll, File)

(Bloomberg) — Insurers doing business in New York State must tell a regulator there about efforts to prevent computer hacking, detailing the precautions taken and the personnel devoted to the task.

Benjamin Lawsky, superintendent of the state Department of Financial Services, said in a letter to insurers Thursday that they must provide the information by April 27 and submit to examinations by the agency. About 160 life, health and property & casualty insurers are affected.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.