A panel of the Fourth Circuit confirmed that general liability insurance policies can afford coverage for cyber-related liabilities, and ruled that an insurer had to pay attorneys’ fees to defend the policyholder in class action litigation in Travelers Indemnity Company v. Portal Healthcare Solutions, No. 14-1944.
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On February 12, 2014, the National Institute of Standards and Technology issued the final Cybersecurity Framework, as required under Section 7 of the Obama Administration’s February 2013 Executive Order, Improving Critical Infrastructure Cybersecurity. This blog entry highlights the final Framework and offers comparisons to the preliminary framework released in October of last year.
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On November 4, 2013, the China Insurance Regulatory Commission, which is the Chinese regulatory and administrative authority for the insurance sector, issued new measures that require life insurance companies and their agents to ensure the authenticity of the personal data of life insurance policy holders.
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