Bill Text: TX SB1908 | 2021-2022 | 87th Legislature | Introduced
Bill Title: Relating to the purchase of cybersecurity insurance coverage by the Texas Department of Transportation.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2021-04-01 - Referred to Finance [SB1908 Detail]
Download: Texas-2021-SB1908-Introduced.html
87R3774 CXP-F | ||
By: Blanco | S.B. No. 1908 |
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relating to the purchase of cybersecurity insurance coverage by the | ||
Texas Department of Transportation. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter I, Chapter 201, Transportation Code, | ||
is amended by adding Section 201.712 to read as follows: | ||
Sec. 201.712. PURCHASE OF CYBERSECURITY INSURANCE. (a) In | ||
this section, "cyber attack" means an attempt to gain illegal | ||
access to a computer or computer system for the purpose of causing | ||
damage, harm, or disruption. | ||
(b) The department may purchase insurance coverage that the | ||
department considers necessary to protect against liability, | ||
revenue, and property losses that may result from a data breach or | ||
cyber attack. | ||
(c) Insurance purchased under this section may include | ||
coverage for business and dependent business interruption loss, | ||
breach response, data recovery, cyber extortion or ransomware | ||
response, fiduciary liability, media liability, professional | ||
liability, or expenses for general incident management, such as | ||
investigation, remediation, and notification. | ||
SECTION 2. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2021. |