Eversheds Sutherland Cybersecurity and Privacy Insights Blog
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NAIC Adopts New Cybersecurity Exam Tool

On September 21, the National Association of Insurance Commissioners IT Examination Working Group adopted amendments to the IT section of the Financial Condition Examiners Handbook to strengthen the Handbook’s already existing cybersecurity guidance. Charged with improving this guidance, the Working Group compared the Handbook’s guidance to the National Institute of Standards and...

NAIC Working Group Exposes Revisions to Incorporate Cybersecurity Considerations into Financial Conditions Examiners Handbook

In an effort to set cybersecurity readiness standards for the insurance industry, the National Association of Insurance Commissioners (NAIC) IT Examination (E) Working Group (“Working Group”) has exposed revisions to incorporate Cybersecurity Considerations (“Considerations”) into the NAIC Financial Conditions Examiners Handbook (“Handbook”).  The Considerations instruct examiners to...

Sutherland Partner Addresses Cybersecurity Concerns in TheStreet

Sutherland Partner Mary Jane Wilson-Bilik was recently quoted in TheStreet article “What Banks and the IRS Should Do to Prevent a Cyber 9/11” authored by  Marguerite Arnold. In this article, Mary Jane addresses cybersecurity threats and the potential impact a large-scale cyberattack may have on critical...