With new laws directly affecting the insurance industry, the demand for cyber liability coverage, and the risk of sensitive data being stolen is at an all-time high. Cybersecurity has never been more important.
In response to the recent data security law from the New York Department of Financial Services (23 NYCRR 500), the National Association of Insurance Commissioners (NAIC) submitted a model law with similar cybersecurity requirements that is being rapidly adopted by several states. Currently, ten states have passed legislation to address NAIC requirements. Businesses in the insurance industry are required to document and maintain a written information security program based off a cybersecurity risk assessment and work to protect non-public information.
We’ve tailored our solutions to help businesses meet NAIC, Federal, and State cybersecurity requirements as well as 3rd party information requests regarding cybersecurity programs. Our services map directly to required controls found in compliance regulations and help businesses both meet and maintain compliance.
Rigid Bits works closely with many Insurance agencies, carriers, MGA’s, and other insureds, and is a member of the following Insurance Associations:
Our experience with hundreds of businesses across diverse industries provides us with the expertise to understand your unique challenges.