In response to security breaches involving consumer health and financial data, the NAIC adopted these principles for effective cyber security: a. State regulators are responsible for ensuring that PII is protected and that insurers and producers have systems in place to notify affected parties promptly if a security breach occurs. b. Insurers and producers that collect, store, and transmit confidential information or PII should safeguard it appropri- ately
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aelizzybeth - (no access) - Assignment_5_Regulation_and_Privacy_Issues.pdf, p3
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