KRS 393A.820: Security of information.

(1) If a holder is required to include confidential information in a report to the

administrator, the information shall be provided by a secure means.

(2) If confidential information in a record is provided to and maintained by the

administrator or administrat or's agent as required by this chapter, the administrator

or agent shall:

(a) Implement administrative, technical, and physical safeguards to protect the

security, confidentiality, and integrity of the information as required by KRS

365.720 to 365.730 and federal privacy and data security law, whether or not

the administrator or the administrator's agent is subject to the law;

(b) Protect against reasonably anticipated threats or hazards to the security,

confidentiality, or integrity of the information; and

(c) Protect against unauthorized access to or use of the information which could

result in substantial harm or inconvenience to a holder or the holder's

customers, including insureds, annuitants, and policy or contract owners and

their beneficiaries.

(3) The administrator:

(a) After notice and comment, shall adopt and implement a security plan that

identifies and assesses reasonably foreseeable internal and external risks to

confidential information in the administrator's possession and seeks to

mitigate the risks; and

(b) Shall ensure that an administrator's agent adopts and implements a similar

plan with respect to confidential information in the agent's possession.

(4) The administrator and the administrator's agent shall educate and train their

employees regarding the plan adopted under subsection (3) of this section.

(5) The administrator and the administrator's agent shall in a secure manner return or

destroy all confidential information no longer reasonably needed under this chapter.