In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. The entering into effect of multiple state laws in this area may present challenges for insurance providers operating in states where such cybersecurity requirements are provided for.
The United Kingdom Information Commissioner’s Office ("ICO") has announced that with effect from 1 October 2009, a new notification fee of £500 will be payable by some larger organizations. This is the first change to the fee structure since the Data Protection Act 1998 became law in 2000. Notification is the process by which data […]