Maine Enacts NAIC-Inspired Cybersecurity Law
Heather McArn, Bryant Roby Jr. and Judith Selby of Hinshaw write:
Maine has become the latest state to adopt a version of the National Association of Insurance Commissioners (NAIC) model cybersecurity law. Signed into law on March 17, 2021, the Maine Insurance Data Security Act establishes investigation procedures, data security program standards, and notification requirements for persons authorized or registered to operate pursuant to the insurance laws of Maine (licensees), with the aim of protecting the security and confidentiality of non-public information and the security of the licensee’s information systems. Licensees with fewer than ten employees are exempt.
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