87R3774 CXP-F
 
  By: Thompson of Brazoria H.B. No. 3390
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the purchase of cybersecurity insurance coverage by the
  Texas Department of Transportation.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter I, Chapter 201, Transportation Code,
  is amended by adding Section 201.712 to read as follows:
         Sec. 201.712.  PURCHASE OF CYBERSECURITY INSURANCE. (a) In
  this section, "cyber attack" means an attempt to gain illegal
  access to a computer or computer system for the purpose of causing
  damage, harm, or disruption.
         (b)  The department may purchase insurance coverage that the
  department considers necessary to protect against liability,
  revenue, and property losses that may result from a data breach or
  cyber attack.
         (c)  Insurance purchased under this section may include
  coverage for business and dependent business interruption loss,
  breach response, data recovery, cyber extortion or ransomware
  response, fiduciary liability, media liability, professional
  liability, or expenses for general incident management, such as
  investigation, remediation, and notification.
         SECTION 2.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2021.