South Carolina has become the first state to enact cybersecurity legislation for the insurance industry.

On May 3, Governor McMaster signed a bill requiring South Carolina insurers to “develop, implement, and maintain a comprehensive information security program” for their customers’ data. 2017 SC H.B. 4655 (NS). Based on the insurance industry model rules, the South Carolina Insurance Data Security Act has three primary aims: it requires “licensees” to prevent, detect and remediate insurance customer data breaches.


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Quick to blame a state-sponsored organization, Yahoo announced at least 500 million of their account holders had their information stolen – in 2014.

A statement released on September 22, 2016, by Yahoo’s Chief Information Security Officer, Bob Lord, says that the hackers likely have, “names, email addresses, telephone numbers, dates of birth, hashed passwords (the

Highlighting the importance of cybersecurity in a time of data breaches and cyber attacks that have compromised our national security, privacy, economy, and businesses, President Obama incorporated cybersecurity issues in his recent State of the Union address. He stated:

No foreign nation, no hacker, should be able to shut down our networks, steal our trade