Auto Insurers Hit with $19 Million in Penalties After DFS Cybersecurity Probe
Eight major auto insurance companies have agreed to pay more than $19 million in penalties to New York State following a sweeping cybersecurity investigation by the Department of Financial Services (DFS). The enforcement action, announced Tuesday by Superintendent Adrienne A. Harris, revealed failures in data security controls that exposed the personal information of New Yorkers through online insurance quoting systems.