Insurers' cyber security practices have been a major focus of regulators around the globe this year. In the U.S., the National Association of Insurance Commissioners has convened a task force, and released a customer bill of rights as well as guidance for carriers.
In China, the China Insurance Regulatory Commission issued Draft Insurance IT Rules that require, in part, that insurers doing business in the country purchase "secure and controllable" products, including domestic encryption technologies and local hardware and software.
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