Fred Karlinsky, shareholder and co-chair, Insurance Regulatory and Transactions Practice; Rich Fidei, shareholder; and Jamey Zellner, practice group attorney, have co-authored an cybersecurity update article in Reactions magazine. Cybersecurity has emerged over the past several years as one of, if not the greatest threat to the insurance industry, with multiple high-profile data breaches of insurance companies and other entities demonstrating the potential scope of the threat. The growing threat has prompted both industry and regulators to devote additional resources to cybersecurity preparedness. Regulators are stepping up their evaluations of insurers’ cybersecurity measures, and are issuing additional guidance and creating new requirements that insurance entities must comply with. To read the entire article, please click here.