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SC Data Security Law Info Session

The South Carolina Insurance Data Security Act creates rules for South Carolina licensees.
September 11, 2018

The South Carolina Department of Insurance held an information session for state insurance licensees on the South Carolina Insurance Data Security Act, addressing the legal, regulatory, and compliance issues they must consider in establishing their information security programs in order to comply with the law. South Carolina is the first state to enact the National Association of Insurance Commissioners’ (NAIC) model law drafted by the Cybersecurity Working Group, which is chaired by South Carolina Insurance Director Ray Farmer.

The South Carolina Insurance Data Security Act creates rules for South Carolina licensees, defined as insurers, agents and other licensed entities, regarding data security, investigation and notification of a breach. The law’s effective date is Jan. 1, 2019.

 

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