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Embracing new ways of working in financial services

CGI

Embracing new ways of working in financial services. Although the approaches to dealing with the COVID-19 pandemic vary by country, as governments and businesses come to grips with it, one thing is imperative: we will get through this. . Fri, 04/17/2020 - 05:24. Blog moderation guidelines and term of use.

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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.

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New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance

Data Matters

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Lacewell stated that cybersecurity is the biggest risk for government and private organizations and described how the Framework is based on “extensive dialogue with industry and experts.”. The Framework. 1 See W.B.

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Hindsight is 2020. Looking back so we can move forward

Thales Cloud Protection & Licensing

2020 ends a decade, and the new year prompted me to think “Wow it’s been two decades since we started Vormetric.” However, technology and governance have. So, in 2020 we’re looking at frontiers like the cloud and cloud native technologies (including microservices). Governance. The post Hindsight is 2020.

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Market Leading Cybersecurity and National Security Lawyers David Lashway and John Woods Join Sidley in Washington, D.C.

Data Matters

He has significant experience in addressing election security and misinformation related issues, and was deeply involved in the investigations into the 2016 and 2020 elections targeting various U.S. He is one of the few lawyers who has led multiple global responses to data integrity attacks involving the financial services industry.

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Risk Management under the DORA Regulation

IT Governance

2019 (Q2–Q4) 2020 (Q2–Q4) 2021 (Q2–Q4) 2022 (Q2–Q4) Data breaches 855 752 (-12%) 630 (-16%) 648 (+3%) Cyber attacks 143 245 (+71%) 230 (-6%) 285 (+23%) Note 1: The ICO data set only provides the numbers for Q2 2019 until Q4 2022. million) for the financial sector – 33% more than the average across all sectors. million (about £4.70

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SEC Announces Settled Charges Against First American for Cybersecurity Disclosure Controls Failures – Lessons Learned

Data Matters

The SEC is considering enhancing its disclosure rules concerning cybersecurity risk governance and has indicated a target release date of October 2021. 2 See Cybersecurity Risk Governance, 3235-AM89, Securities and Exchange Commission (Spring 2021). 27, 2020). 15, 2020). 15, 2020). 20, 2017). 5 83 FR 8166 (Feb.