Our Positions | Cybersecurity


Cybersecurity is an issue of growing importance for insurers as well as society in general. Insurers encounter cybersecurity issues in a variety of ways. Like all members of the interconnected business community, insurers are potential targets as they hold consumer personal information. Because of this, insurers have an obligation to take steps to protect that information as well as to play a role in the development of how society responds to the growing exposure to cyber risk by insuring.


Issue Analysis Papers

Understanding the Evolving Cybersecurity Standards Landscape for Insurers
The amazing benefits of a technologically advanced and interconnected society have not been attained without the price of sobering exposure to substantial and even potentially catastrophic harm. The headlines regularly convey the latest security breaches, typically involving increasing volumes of a variety of information being accessed or stolen, affecting a larger number of individuals as potential victims. Unsurprisingly, the insurance industry, given its role in supporting risk management by businesses and individuals, has not been immune in...

Privacy Protections (D) Working Group to Consider Consumer Issues, Insurer Responsibilities, Regulatory Enforcement

August 17, 2020 The NAIC Privacy Protections (D) Working Group met virtually on July 30 as part of the 2020 Summer National Meeting. Its agenda focused in on returning to the topic rather than focusing on substantive concepts and provisions. Most of the meeting was... Read more

Study on Cyber Insurance Attached to House Defense Reauthorization Bill

July 20, 2020 Rep. Al Green, D-Texas, is proposing an amendment to the National Defense Authorization Act that would require the Government Accountability Office to conduct a study analyzing availability of insurance coverage in the U.S. for... Read more

Louisiana NAIC 2017 Cybersecurity Model Law Enacted

June 19, 2020 Enacted HB 614 substantially adopts the provisions of NAIC’s Insurance Data Security model law. Read more

Virginia: Bureau of Insurance Solicits NAMIC Member Feedback on Cybersecurity Legislation Implementation Regulations

April 28, 2020 The Virginia Bureau of Insurance has solicited comments from NAMIC and its member companies on implementing regulations associated with HB 1334, the Virginia Insurance Data Security Act, passed during the... Read more

DHS Holds Conference Call on Cybersecurity, Infrastructure

March 30, 2020 NAMIC dialed in for business and infrastructure partner calls March 25-26 with the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency. Read more

Contacts

Jon Bergner
Vice President - Public Policy and Federal Affairs

202.580.6751

  Jon