Insurers licensed in South Carolina have just under a year to comply with a state law aimed at making the industry follows cybersecurity regulations.
The South Carolina Insurance Data Security Act requires insurers to “develop, implement, and maintain a comprehensive information security program” to protect customer data.
The written security plan requirement for insurers kicks in July 1, 2019. Insurance companies should put in place “administrative, technical, and physical safeguards for the protection of nonpublic information and the licensee’s information system,” according to the law.
The measure is the first of its kind in the nation, according to Maria Sasinoski, ...
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