NY Regulator Demands Details On Insurers' Cybersecurity

Law360, New York (May 28, 2013, 6:39 PM EDT) -- A New York regulator on Tuesday required the largest insurers in the state to explain how they are guarding customers' health, personal and financial records from cyberattacks, expanding on an inquiry earlier this year into cybersecurity policies at New York's banking giants.

The New York Department of Financial Services has sent letters to the biggest insurance companies it supervises, asking for information on cyberattacks affecting the company in the last three years and the cybersecurity safeguards that each company has in place.

The so-called 308 letters...
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