Ala. Admin. Code r. 482-1-126-.07

Current through Register Vol. 43, No. 02, November 27, 2024

Section 482-1-126-.07 - Assess Risk

The licensee:

(a) Identifies reasonably foreseeable internal or external threats that could result in unauthorized disclosure, misuse, alteration or destruction of customer information or customer information systems.

(b) Assesses the likelihood and potential damage of these threats, taking into consideration the sensitivity of customer information.

(c) Assesses the sufficiency of policies, procedures, customer information systems and other safeguards in place to control risks.

Author: Commissioner of Insurance

Ala. Admin. Code r. 482-1-126-.07

New Rule: May 6, 2003; effective May 16, 2003. Filed with LRS May 7, 2003. Rule is not subject to the Alabama Administrative Procedure Act.

Statutory Authority:Code of Ala. 1975, §§ 27-2-17, 27-7-44; 15 U.S.C. §§6801 - 6827.