Tag Archives: Cyber Liability insurance programs
What Does New York’s New Cyber Rules Mean for Banks, Insurers?
New York became the first state in the U.S. to implement cyber security regulations, which began rolling out on a staggered basis, over a two-year period, as of March 1. The New York Department of Financial Services will require banks and insurance companies to vouch for their resilience to cyber attacks. The rules, in the works since 2014, followed a series of high-profile data breaches that resulted in losses of …
Posted in Cyber Risk, Cyber Security
Also tagged Axis Insurance Services, cyber liability insurance, cyber security, Privacy & Network Security/Cyber Liability insurance program
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