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Kalki Blog

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SMB Insurance companies & NAIC's Cyber Security Regulations

Posted by Vikas Bhatia on Aug 26, 2016 4:00:00 PM

Till now our experience with insurance agencies has been fairly reactive and driven by IT.  In the background we've been keeping an eye on the National Association of Insurance Commissioners (the NAIC) regulations and how they would impact Small and Medium Sized Businesses (SMB).  In April the Cybersecurity (EX) Task Force (the Task Force) first presented the Insurance Data Security Model Law (the Model Law) it generated more than 40 comment letters from trade associations, market participants and regulators. insurance industry association .  It appears that the, "something has happened, now can you help us fix, resolve, remediate it" approach to Data / Information or Cyber Security is about to change drastically.

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Topics: Regulations, Risk Management, Cyber Insurance, kalkiconsulting compliance, SMB, CISO, CIO

Cyber Insurance Coverage: Will it be there when I need it?

Posted by Stacy Willis on Jun 15, 2016 4:03:28 PM

Cyber Insurance is one of the more tricky subjects for companies to tackle today. It is becoming increasingly common among businesses of all sizes and is even beginning to be looked at as a requirement when partnering with other firms.

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Topics: Cyber Insurance

4 Questions to ask about your Cyber Insurance Coverage

Posted by Stacy Willis on Mar 9, 2016 7:00:00 AM

As security consultants, we've come across cyber security programs in businesses of all sizes and within all industries. One of the most common mistakes we've seen in all areas are companies that think all their cyber security problems are solved simply by having cyber insurance coverage. Many companies believe that as long as this insurance policy is in place, they don't need to spend time worrying about setting up programs and staying on top of cyber security internally.

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Topics: Cyber Insurance