- Published: Wednesday, July 12, 2023 09:47 AM
SPRINGFIELD – Illinois Insurance are required to take extra precautions to keep residents’ sensitive information safe, thanks to a new law sponsored by State Senator Napoleon Harris, III.
“No organization or business is immune to cyber threats,” said Harris (D-Harvey). “It’s important that the state’s insurance companies take the necessary steps to protect resident’s private information.”
House Bill 2130 institutes requirements and procedures for insurance companies to implement security programs and create response plans. The measure, known as the Insurance Data Security Law, also requires the insurers to submit a written certificate of compliance and notify the Illinois Department of Insurance if any cybersecurity events occur.
Harris spearheaded this measure after news of several major data breaches involving large insurers. During these breaches, potentially sensitive personal information of millions of insurance consumers were compromised.