Top Insurance Industry Brief Protection Risk Content for Tue.Oct 25, 2022

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Tue.Oct 25, 2022

NYDFS Fines EyeMed $4.5 Million for Cybersecurity Violations

Hunton Andrews Kurth

OCTOBER 25, 2022

On October 18, 2022, the New York State Department of Financial Services (“NYDFS”) announced that EyeMed Vision Care LLC (“EyeMed”) agreed to a $4.5 million settlement for violations of the Cybersecurity Regulation (23 NYCRR Part 500) that contributed to the exposure of hundreds of thousands of consumers’ health data in connection with a cybersecurity event in 2020.

Risk

Risk Protection

Inflation Considerations for Risk Managers and Insurance Buyers

Risk Management Monitor

OCTOBER 25, 2022

According to Beazley’s recent Risk & Resilience Geopolitical Report , inflation is a key area of concern for business leaders and they expect economic uncertainty to remain high through to the end of this year. High inflation impacts multiple aspects of corporate decision making, from the changing value of stock to rising employee wages and cost of borrowing.

Risk

Risk Business Interruption Insurer Insured

Tue.Oct 25, 2022

NYDFS Fines EyeMed $4.5 Million for Cybersecurity Violations

Inflation Considerations for Risk Managers and Insurance Buyers

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