The new wave of cybersecurity regulation: What are the risks and how will they affect your examination
Baker Tilly discussed cybersecurity risks to insurance companies and policy holders, recently released guidance from the National Association of Insurance Commissioners (NAIC), and changes expected to your state examinations.
The presenter shared thoughts on key risks and controls to implement, a case study outlining a recent breach, the magnitude of various risks and costs associated, and advice on how to incorporate risk considerations into your examination process.
- Understand cybersecurity risks to insurance companies and policy holders
- Explore risks and controls evident in a cybersecurity program
- Understand state based guidance changes and how they will affect your state examination