Recently, I was asked, "Does security monitoring make you more secure?" Aside from the obvious qualitative benefits, this question immediately prompted my curiosity to see exactly how much risk is reduced. As a provider of security monitoring services, we are in a unique position to provide quantifiable results to this question using data spanning a number of clients.
Effective as of January 1, 2019, the South Carolina Insurance Data Security Act (the “Act”), (2017 S.C. Act No 171, R. 184, H. 4655), was signed into law on May 3, 2018 by Governor Henry McMaster. This made South Carolina the first state in the nation to pass legislation modeled on the National Association of Insurance Commissioners (NAIC) Insurance Data Security Model Law.
GDPR, 4 four little letters that spell BIG headaches for American companies that do business or partner with companies overseas. It should be a serious concern for these organizations, and it doesn’t look like it is going away anytime soon. If you need proof, just ask Google which was fined $57 million for breaching GDPR privacy rules. This article merely attempts to highlight some of the key points and should not substitute for your own due diligence.