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Insurance Industry Cyber Risk Checklist

The number of successful cyberattacks and ransomware gangs targeting lucrative businesses has grown rapidly, fuelling the cybercrime economy in return.

The National Association of Insurance Commissioners (NAIC) drafted the Insurance Data Security Model Law in reaction to data breaches involving large insurers. The purpose of the NAIC Model Law is to help establish standards for data security and breach notification for licensees operating in multiple jurisdictions with the unique nature of state judicial, legislative and regulatory frameworks.

The core components of the NAIC Model Law include:

  • Information Security Program
  • The investigation, Incident Recovery, and Determination of Extent
  • Notification of a Cybersecurity Event

Download the Insurance Sector Cyber Risk Checklist to help you develop an end-to-end cybersecurity and incident response plan with the National Association of Insurance Commissioners (NAIC) Insurance Data Security Model Law in mind.

Get The Checklist