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5/14/2015
NAIC Letter - HFSC Data Breach Hearing

On behalf of the National Association of Insurance Commissioners (NAIC), we write today to thank you for holding a hearing on "Protecting Consumers: Financial Data Security in the Age of Computer Hackers." State insurance regulators take very seriously our responsibility to ensure the entities we regulate are protecting the many kinds of highly sensitive consumer information they retain. In this regard, we are acutely aware of the complex mission insurance regulators have of protecting consumers, laying out expectations for the insurance industry, and recognizing the economy-wide role insurers can play in driving best practices and mitigating the financial aftermath of a cyber attack.