Insurance Companies Face $11.3 Million in Fines Due to Cybersecurity Failures

In yet another example of the importance of a robust cybersecurity and data protection system, New York Attorney General (OAG) and the New York State Department of Financial Services (DFS) collectively fined the insurance companies GEICO and Travelers Indemnity Company $11.3 million due to a series of data breaches that accessed customer data….
By: Bond Schoeneck & King PLLC