New York Addresses Cyber Security Concerns with Insurers

Governor Andrew M. Cuomo launched an inquiry into the steps that insurers are taking to keep their customers and companies safe from cyber attacks citing the public entrustment of a wide variety of sensitive health, personal, and financial records to insurers and the critical importance of making sure that information is safeguarded.

The New York State Department of Financial Services (DFS) sent “308 Letters” requiring a response to the largest insurance companies that DFS regulates, requesting information on the policies and procedures they have in …

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