Law / United States / Oklahoma

Insurance Data Security Act, investigation of a cybersecurity event and records of every event

Okla. Stat. tit. 36, Sec. 674

archived copyRead from a public archive copy, not the publisher directly. The publisher does not serve this page to automated readers, so a direct fetch was not an option here; how we access sources. Archived . Publisher's page: https://www.oklegislature.gov/cf_pdf/2023-24%20ENR/SB/SB543%20ENR.PDF

In force since .

A breach notification rule binding private bodies.

How the hook was established
express
What makes it apply
Operator establishment
Obligation class
Governance, Retention
Audit expectation
on_request
Who audits it
Regulator
Where the report goes
Produced on request

As of .

What it requires

  • If you are a licensee (a person licensed, authorized to operate or registered, or required to be, under Title 36 of the Oklahoma Statutes, other than a purchasing group or a risk retention group chartered in another state or an assuming insurer domiciled elsewhere) and learn that a cybersecurity event has or may have occurred, conduct, or have an outside vendor or service provider designated to act for you conduct, a prompt investigation (Okla. Stat. tit. 36, Sec. 674(A)).
  • Where the event occurs in a system a third-party service provider maintains, complete the investigation steps or confirm and document that the provider has completed them (Okla. Stat. tit. 36, Sec. 674(C)).
  • Maintain records concerning all cybersecurity events for at least five years from the date of each event, and produce those records upon the Insurance Commissioner's request (Okla. Stat. tit. 36, Sec. 674(D)).

These lines are LexLint's reading of the law's text, as of .

What it makes you log

Who may demand the log

Regulator

Log retention

Five years from the date of the cybersecurity event is a minimum; the subsection sets no maximum.

Unit
Years
As of
Basis
Fixed
Minimum value
5

Logging duty

Subsection D of section 674 requires a licensee to maintain records concerning all cybersecurity events for at least five years from the date of the event and to produce them upon request by the Insurance Commissioner; it names no fields. Subsection C separately requires a licensee to confirm and document that a third-party service provider has completed the investigation steps. The notice of an event is in section 675, a different row. The reach is the licensee, a term defined by Title 36 of the Oklahoma Statutes (section 672).

Kind
Explicit
As of
Provision
Okla. Stat. tit. 36, Sec. 674(D) (records of all cybersecurity events)
Trigger
security_incident

What this law does

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Research summary

Legal information, not legal advice. This is LexLint's own research summary of a public legal source, and it creates no attorney-client relationship. For decisions that matter, consult qualified counsel in the relevant jurisdiction. About LexLint

A licensee that learns that a cybersecurity event has or may have occurred must conduct, or have an outside vendor or service provider conduct, a prompt investigation. Where the event occurs in a system a third-party service provider maintains, the licensee must complete the investigation steps or confirm and document that the provider has completed them.

The licensee must maintain records concerning all cybersecurity events for at least five years from the date of the event and must produce those records upon request by the Insurance Commissioner. The act becomes effective on .

When LexLint raises it

When your app profile says your app is an insurer.

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