What Insurers Need to Know About New York’s SHIELD Act

A Q&A with Laurie Kamaiko of Saul, Ewing, Arnstein & Lehr LLP

Going into effect in its entirety on March 21, 2020, the New York SHIELD (Stop Hacking and Improve Electronic Data Security) Act updates previous data security laws while creating more obligations and potential concerns for companies and their cyber insurers. We asked Laurie Kamaiko of Saul, Ewing, Arnstein and Lehr about this legislation and how insurers can prepare for its implementation.