Data Matters

SEPTEMBER 20, 2018

Office of the Comptroller of the Currency (OCC) announced its decision (the Fintech Charter Decision) to begin accepting applications from financial technology (fintech) companies for special purpose national bank charters. The Fintech Charter Decision is discussed in greater detail in a prior Sidley Banking and Financial Services Update.

Financial Services 68

Financial Services Paper Marketing Privacy 68

HL Chronicle of Data Protection

MAY 13, 2019

For example, the New York Department of Financial Services (‘NYDFS’) in March 2017 issued its Cybersecurity Regulation (23 NYCRR 500) (‘the NYDFS Cybersecurity Regulation’), a groundbreaking and far-reaching regulatory regime focused on financial institutions licensed in New York, including insurance companies.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

Data Matters

MAY 17, 2022

For example: On May 12, 2021, President Biden signed an Executive Order on Improving the Nation’s Cybersecurity. Moreover, following a 78% increase in attacks on supply chain vendors between 2017 and 2020, 35% of all nation-state attacks are now targeted at enterprises. Agency (Feb. 14,028, 86 Fed. 26,633 (May 12, 2021). 20, 20220).

Cybersecurity 97

Cybersecurity Government Authentication Ransomware 97