Remove 11
Remove 2017 Remove 2020 Remove Encryption Remove Insurance
article thumbnail

Historic Charges: First Enforcement Action Filed by New York Department of Financial Services Under Cybersecurity Regulation

Data Matters

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

article thumbnail

Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

Series A Cado Security 2020 London, UK 26 $11.5 Series B Wiz 2020 Tel Aviv, Israel 186 $230.0 Series A SenseOn 2017 London, UK 61 $26.4 Series A GitGuardian 2017 Paris, France 63 $56.0 Evervault is on a mission to make encrypting sensitive data seamless with its security toolkit for developers. Series B SECURITI.ai

article thumbnail

Top VC Firms in Cybersecurity of 2022

eSecurity Planet

Company Sector Year Status Isovalent Cloud security 2020 Private Illumio Cloud security 2015 Private SignalFx Monitoring 2015 Acquired: Splunk CipherCloud Cloud security 2012 Acquired: Lookout Lookout Mobile security 2011 Private. a16z Investments. ForgePoint Capital. ForgePoint Investments. Greylock Partners. Insight Investments.

article thumbnail

Ransomware Protection in 2021

eSecurity Planet

All of your files are encrypted with RSA-2048 and AES-128 ciphers.” ” Or you might see a readme.txt stating, “Your files have been replaced by these encrypted containers and aren’t accessible; you will lose your files on [enter date] unless you pay $2500 in Bitcoin.” IMPORTANT INFORMATION !!! Zero Trust.

article thumbnail

Regulatory Update: NAIC Spring 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Spring 2019 National Meeting (Spring Meeting) in Orlando, Florida, from April 6 to 9, 2019. ceding insurer could be eligible for the same reduced collateral requirements that would apply to qualifying EU reinsurers under the revised CFR Model Laws.

article thumbnail

Multi-Factor Authentication Best Practices & Solutions

eSecurity Planet

A token acts as an electronic cryptographic key that unlocks the device or application, usually with an encrypted password or biometric data. Banking, financial services, and insurance industries constitute the largest share of adopters, with North America leading adoption, according to Orbis Research.