Oklahoma § 36-674 - Cybersecurity event — Investigation by licensee

§ 36-674. Cybersecurity event — Investigation by licensee

A. If the licensee learns that a cybersecurity event has or may

have occurred, the licensee, or an outside vendor or service

provider designated to act on behalf of the licensee, shall conduct

a prompt investigation.

B. During the investigation, the licensee, or an outside vendor

or service provider designated to act on behalf of the licensee,

shall, at a minimum:

1. Determine whether a cybersecurity event has occurred;

2. Assess the nature and scope of the cybersecurity event;

3. Identify any nonpublic information that may have been

involved in the cybersecurity event; and

4. Perform or oversee reasonable measures to restore the

security of the information systems compromised in the cybersecurity

event in order to prevent further unauthorized acquisition, release,

or use of nonpublic information in the possession, custody, or

control of the licensee.

C. If the licensee learns that a cybersecurity event has or may

have occurred in a system maintained by a third-party service

provider, the licensee shall complete the steps listed in subsection

B of this section or confirm and document that the third-party

service provider has completed those steps.

D. The licensee shall maintain records concerning all

cybersecurity events for a period of at least five (5) years from

the date of the cybersecurity event and shall produce those records

upon request by the Insurance Commissioner.

Added by Laws 2024, c. 346, § 5, eff. July 1, 2024.