Report Spells Out Risks for Insurers in Protecting Data
Posted on Feb 13, 2017 in Government, Insurance | Comments Off on Report Spells Out Risks for Insurers in Protecting Data
Eversheds Sutherland (US) Partner John Pruitt is quoted in this article by The Wall Street Journal regarding the recently issued report by the U.S. Treasury Department’s Federal Insurance Office, which discusses breaches of consumer data being a significant concern for the insurance industry. Learn more.
Big Data and Cybersecurity: The Federal Insurance Office Explores New Frontiers for Consumer Protection
Posted on Feb 1, 2017 in Government, Insurance | Comments Off on Big Data and Cybersecurity: The Federal Insurance Office Explores New Frontiers for Consumer Protection
In their article for the Spring 2017 edition of Partnering Perspectives, Eversheds Sutherland (US) attorneys John Pruitt, Mary Jane Wilson-Bilik and Tony Ficarrotta discuss the Federal Insurance Office’s Report on the Protection of Consumers and Access to Insurance, focusing on the report’s treatment of consumer protection concerns raised by the insurance industry’s use of big data and...
CFTC Finalizes Rules on Cybersecurity Testing for Futures Industry
Posted on Sep 9, 2016 in Uncategorized | Comments Off on CFTC Finalizes Rules on Cybersecurity Testing for Futures Industry
Under new rules adopted by the Commodity Futures Trading Commission (CFTC), various entities in the futures industry must undertake cybersecurity testing. At its open meeting on Sept. 8, 2016, the CFTC amended its system safeguards rules for exchanges, clearinghouses, and data repositories to require cybersecurity testing and system safeguards risk analysis. Under the amended rules,...
NIST Releases Framework of Standards for Cyber-Physical Systems
Posted on Jun 13, 2016 in Uncategorized | Comments Off on NIST Releases Framework of Standards for Cyber-Physical Systems
The National Institute of Standards and Technology (NIST) has released a preliminary version of a framework for Cyber-Physical Systems (CPS). This framework was created with the goal of establishing a foundation from which CPS can be developed, designed, and built to work seamlessly with other smart systems. The framework was developed over a two-year period by a public-private working...
House Passes Cybersecurity Consortium Act
Posted on May 18, 2016 in Uncategorized | Comments Off on House Passes Cybersecurity Consortium Act
The House of Representatives passed the National Cybersecurity Preparedness Consortium Act, which will allow the Department of Homeland Security (DHS) to establish a consortium to address cybersecurity threats and incidents. The consortium would provide training to state and local first responders and officials, conduct training and simulation exercises, and help states develop...
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