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By: Thompson of Brazoria (Senate Sponsor - Blanco) |
H.B. No. 3390 |
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(In the Senate - Received from the House April 26, 2021; |
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May 3, 2021, read first time and referred to Committee on |
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Transportation; May 5, 2021, reported favorably by the following |
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vote: Yeas 8, Nays 0; May 5, 2021, sent to printer.) |
| Click here to see the committee vote |
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A BILL TO BE ENTITLED
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AN ACT
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relating to the purchase of cybersecurity insurance coverage by the |
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Texas Department of Transportation. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter I, Chapter 201, Transportation Code, |
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is amended by adding Section 201.712 to read as follows: |
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Sec. 201.712. PURCHASE OF CYBERSECURITY INSURANCE. (a) In |
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this section, "cyber attack" means an attempt to gain illegal |
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access to a computer or computer system for the purpose of causing |
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damage, harm, or disruption. |
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(b) The department may purchase insurance coverage that the |
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department considers necessary to protect against liability, |
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revenue, and property losses that may result from a data breach or |
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cyber attack. |
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(c) Insurance purchased under this section may include |
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coverage for business and dependent business interruption loss, |
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breach response, data recovery, cyber extortion or ransomware |
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response, fiduciary liability, media liability, professional |
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liability, or expenses for general incident management, such as |
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investigation, remediation, and notification. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2021. |
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* * * * * |