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North Dakota Century Code Title 26.1. Insurance § 26.1-02.2-04. Investigation of a cybersecurity event

Current as of January 01, 2024 | Updated by Findlaw Staff

1. If a licensee learns a cybersecurity event has or may have occurred, the licensee, an outside vendor, or service provider designated to act on behalf of the licensee, shall conduct a prompt investigation.

2. During the investigation, the licensee or an outside vendor or service provider designated to act on behalf of the licensee, at a minimum shall:

a. Determine whether a cybersecurity event has occurred;

b. Assess the nature and scope of the cybersecurity event;

c. Identify any nonpublic information that may have been involved in the cybersecurity event; and

d. Perform or oversee reasonable measures to restore the security of the information systems compromised in the cybersecurity event in order to prevent further unauthorized acquisition, release, or use of nonpublic information in the licensee's possession, custody, or control.

3. If a licensee learns a cybersecurity event has or may have occurred in a system maintained by a third-party service provider, the licensee shall complete the requirements provided under subsection 2 or confirm and document that the third-party service provider has completed the requirements.

4. The licensee shall maintain records concerning all cybersecurity events for a period of at least five years from the date of the cybersecurity event and shall produce the records upon demand of the commissioner.

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Cite this article: FindLaw.com - North Dakota Century Code Title 26.1. Insurance § 26.1-02.2-04. Investigation of a cybersecurity event - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-26-1-insurance/nd-cent-code-sect-26-1-02-2-04/

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