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Peer2Peer >> Management


DATA MANAGEMENT BEST PRACTICES

 * Mary Zampino
 * January 04, 2023
 * 1386 view(s)

This member, from the insurance industry, is seeking best practices in how firms
manage the risks of data, particularly Non-Public Information (NPI), being
stored or processed outside of the United States.  

Please kindly take a moment and share your company's general practices regarding
the following.

1.Does your company enforce or regulate security policies and restrictions of
where company NPI data is stored/sent?

2.If yes, how do you enforce or regulate? Through audit? Notice requirements?
Please explain. 

3.If yes, who at the company is responsible for the audits or enforcement? And
in what department do they reside (e.g. procurement, technology, finance, etc.)?

4.If yes, what are the consequences your company imposes in case of violations?
Can you share any contract clauses related to liability/language used to support
enforcement and describe violations? 

 

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