SC S0856 | 2017-2018 | 122nd General Assembly

Status

Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on January 9 2018 - 25% progression, died in committee
Action: 2018-01-09 - Referred to Committee on Banking and Insurance
Pending: Senate Banking and Insurance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Define Necessary Terms; To Require A Licensee To Develop, Implement And Maintain A Comprehensive Information Security Program Based On The Licensee's Risk Assessment And To Establish Certain Requirements For The Security Program, To Provide Minimum Requirements For A Licensee's Board Of Directors, If Applicable, To Require A Licensee To Monitor The Security Program And Make Adjustments If Necessary, To Provide That The Licensee Must Establish An Incident Response Plan And To Establish Certain Requirements For The Incident Response Plan, To Require A Licensee To Submit A Statement To The Director Of The Department Of Insurance Annually; To Establish Certain Requirements For A Licensee In The Event Of A Cybersecurity Event; To Require A Licensee To Notify The Director Of Certain Information In The Event Of A Cybersecurity Event; To Grant The Director The Power And Authority To Examine And Investigate A Licensee; To Provide That Documents, Materials, Or Other Information In The Control Or Possession Of The Department Must Be Treated As Confidential And To Authorize The Director To Share Or Receive Confidential Documents Under Certain Circumstances; To Provide Exemptions From The Provisions Of This Chapter; To Provide Penalties For Violations; And To Authorize The Director To Promulgate Regulations.

Tracking Information

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Title

SC Insurance Data Security Act

Sponsors


History

DateChamberAction
2018-01-09SenateReferred to Committee on Banking and Insurance
2018-01-09SenateIntroduced and read first time

Same As/Similar To

H4655 (Similar To) 2018-05-14 - Act No. 171

South Carolina State Sources


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