Podcasts

Podcasts

Cyber Regulations & Business Risks

Insurance Companies and many Brokerage Groups are facing increased scrutiny by Departments of Insurance in their examinations of their Cyber Security Practices. While New York State has taken the lead in this area, most other state DOI’s are adopting similar regulatory review structures. Many insurance companies are finding an immediate need to put in place new policies and processes to improve or strengthen their cybersecurity posture and need to understand the gaps between their current state and where they need to be. Other companies have had exams and need assistance in responding to a regulatory exam of their cybersecurity readiness and need to develop specific plans to address deficiencies. 
On this podcast, Jim Klinck from System Infrastructure Innovators, along with Christa Rapoport, from Nelson Taplin Goldwater, and Tim Pazda, from BlackStratus, discuss the impact of Cybersecurity and its effects on the insurance industry and regulations. They offer their suggestions and ideas on specific cybersecurity problems, share their insight on being proactive, and describe in detail how companies can prepare for an attack as well as respond and recover from it. They also discuss specific states and their corresponding regulations when it comes to cybersecurity laws.  

“You can’t protect the data if you don’t understand where it is and what you’re collecting.” 

– Jim Klinck, Executive Consultant, System Infrastructure Innovators
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