New York Gov. Andrew Cuomo wants insurers to provide policies and procedures for preventing cyber-attacks. Cuomo: Insurance records in insurance companies are a “virtual treasure trove for hackers” Insurers collect more information just to provide a quote to potential policyholders than banks, analyst says. Insurance industry promises cooperation with the state, but it’s unclear how the state will use the information. Insurance Association president says the insurance industry sees the inquiry as a forum to educate regulators about cyber-security. Insurance companies have experienced relatively few breaches, but insurers are becoming more susceptible to hackers.”]
Source: https://www.cuinfosecurity.com/new-york-queries-insurers-on-cybersecurity-a-5793