NY's Insurer Cybersecurity Initiative May Signal Trend

Law360, New York (June 19, 2013, 12:08 PM EDT) -- The continued proliferation of high-profile attacks on companies by advanced threat actors — including state-sponsored actors — coupled with the increasing risk of consumer and personal information disclosure as part of these attacks has led to heightened awareness by state and federal regulators of the threats posed by cybercriminals and cyberterrorists. This article discusses a new action by the state of New York that may signal a developing trend of increased proactive regulator interest in the cybersecurity practices of companies under their regulatory jurisdiction.

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