HL Chronicle of Data Protection

FEBRUARY 25, 2020

Companies should take note of two imminent developments in New York in the area of cybersecurity regulation: enforcement of the New York Department of Financial Services (NYDFS) Cybersecurity Regulation (Regulation) and the effective date of the Stop Hacks and Improve Electronic Data Security Act (SHIELD Act or Act).

Cybersecurity 104

Cybersecurity Financial Services Data breaches Insurance 104

Data Protection Report

APRIL 22, 2021

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. NSC), relating to violations of three different requirements of the NYDFS cybersecurity regulation during the period 2018 to 2020. NYDFS Cybersecurity Regulation.

Cybersecurity 94

Cybersecurity Financial Services Phishing Compliance 94

Hunton Privacy

OCTOBER 24, 2022

On October 18, 2022, the New York State Department of Financial Services (“NYDFS”) announced that EyeMed Vision Care LLC (“EyeMed”) agreed to a $4.5 The NYDFS’s consent order notes that EyeMed’s failure to comply with the Cybersecurity Regulation left EyeMed vulnerable to threat actors.

Cybersecurity 67

Cybersecurity Financial Services Risk Phishing 67

eSecurity Planet

MAY 27, 2021

With almost every aspect of business becoming more digital, enterprise network security software minimizes the impact of cyberattacks — especially as guarding against them protects a company’s operations and safeguards its competitiveness in a fast-moving marketplace. Top network security tools. Network Security Product.

Security 114

Security Cloud Analytics Access 114

The Last Watchdog

NOVEMBER 16, 2023

Our report, ‘Cyber Security: What to Expect in 2024 ”, is informed by insights collected through continuous monitoring from our 24/7 Security Operations Centre (SOC) and input from our dedicated consultants and cyber experts.

Ransomware 100

Ransomware Cybersecurity Financial Services Marketing 100

Thales Cloud Protection & Licensing

NOVEMBER 27, 2018

The cybersecurity regulation ( 23 NYCRR 500 ) adopted by the New York State Department of Financial Services (NYDFS) is nearly two years old. In September financial services companies faced the largest set of regulations in the process thus far. Looking Ahead to 2019 and 2020. September Checklist, March Reminder.

Cybersecurity 72

Cybersecurity Financial Services Encryption Data Privacy 72

IT Governance

NOVEMBER 23, 2023

The financial sector is quite heavily regulated, and involves a lot of confidential data. You’d therefore expect that the sector fares better at data security than your average organisation. In fact, in 2020–2022, the financial sector was the second-most attacked sector, topped only by the retail and manufacturing sector.

Risk 104

Risk Data breaches Authentication Financial Services 104

Data Matters

DECEMBER 23, 2020

On December 15, 2020, the U.S. Federal Deposit Insurance Corporation (FDIC) approved and the federal banking agencies jointly announced on December 18 a notice of proposed rulemaking, Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers (NPR).

Security 68

Security Cybersecurity Insurance Communications 68

Data Protection Report

OCTOBER 24, 2022

On October 18, 2022, the New York Department of Financial Services announced a settlement with EyeMed, a licensed life, accident, and health insurer, with respect to a security incident that occurred in 2020. The settlement requires EyeMed to pay $4.5 million, among other things. Background. million.

Cybersecurity 52

Cybersecurity Personal data Risk Financial Services 52

erwin

OCTOBER 1, 2020

The global pandemic is the single most disruptive event in modern times. Companies like Google , Twitter , Facebook and Square already have announced their employees will work from home at least through the end of 2020. In some cases, those lockdown restrictions have eased and employees are venturing back to the office.

Compliance 143

Compliance Sales Communications Financial Services 143

IT Governance

SEPTEMBER 30, 2021

By our reckoning, September 2021 saw 97 security incidents comprising 91,127,815 million breached records. This brings the year’s running total to 996 security incidents and 4,132,751,378 records. PA: Penelec customers must reset passwords after security breach (databreaches.net) (0). Nevada Restaurant Services, Inc.

Data breaches 111

Data breaches Ransomware Financial Services Privacy 111

eSecurity Planet

OCTOBER 14, 2021

Officials with Microsoft’s Azure public cloud said the company in late August was able to stave off a record distributed denial-of-service (DDoS) attack against a European customer that originated in the Asia-Pacific region. million requests per second against a target in the financial services industry. The attack, which hit 2.4

IoT 107

IoT Cloud Ransomware Financial Services 107

erwin

APRIL 11, 2019

Some suggest the California Consumer Privacy Act (CCPA), which takes effect January 1, 2020, sets a precedent other states will follow by empowering consumers to set limits on how companies can use their personal information. Compliance is an on-going requirement, so efforts to become compliant should not be treated as static events.

GDPR 100

GDPR e-Discovery Compliance Metadata 100

eSecurity Planet

AUGUST 13, 2021

Since the inception of data forensics almost forty years ago, methods for investigating security events have given way to a market of vendors and tools offering digital forensics software (DFS). Under their Security Suite products, OpenText provides industry-renowned EnCase. Paraben Corporation.

e-Discovery 138

e-Discovery Computer and Electronics Marketing Compliance 138

eSecurity Planet

JANUARY 11, 2022

Information security products , services, and professionals have never been in higher demand, making for a world of opportunities for cybersecurity startups. With evolving attack methodologies due to machine learning, quantum computing, and sophisticated nation-state hackers, security startups are receiving record funding.

Cybersecurity 142

Cybersecurity Cloud Compliance Analytics 142

Data Protection Report

JANUARY 7, 2019

The two-year transitional period under the New York State Department of Financial Services (“DFS””) Cybersecurity Regulation , 23 NYCRR 500 (the “Regulation”), will expire on March 1, 2019, with the final remaining requirement becoming effective. Third-party service provider risk management program. Upcoming certifications.

Cybersecurity 40

Cybersecurity Compliance Financial Services Risk 40

HL Chronicle of Data Protection

MARCH 16, 2020

On Tuesday, 3 March 2020, we welcomed our financial services clients in London to a lively panel event, which covered the multitude of issues which arise in a cybersecurity incident. Peter Marta. Arwen Handley. Philip Parish. Nicola Fulford.

Cybersecurity 59

Cybersecurity Financial Services Risk Insurance 59

HL Chronicle of Data Protection

MAY 13, 2019

Of particular concern to state-level policymakers and enforcement authorities are business practices that in their view may contribute to security incidents. The insurance industry has not been immune from such scrutiny, and the imposition of business practice requirements intended to enhance cybersecurity sector-wide.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

eSecurity Planet

JANUARY 14, 2022

Distributed denial of service (DDoS) attacks can cripple an organization, a network, or even an entire country, and they show no sign of slowing down. DDoS attacks may only make up a small percentage of security threats, but their consequences can be devastating. The most recent wave happened in December 2021. Key Differentiators.

Cloud 124

Cloud IoT Analytics Security 124

eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. Raising awareness about ransomware is a baseline security measure. As training sessions have little influence over staff for every potential attack, it makes added security more imperative.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

Data Matters

MAY 21, 2020

Coronavirus Aid, Relief and Economic Security Act-related fraud or other COVID-19-related financial crime : Contact local U.S. Secret Service field office. Financial institutions should look closely at the red flags provided in the Advisory. Cyber- and internet-related crime : Contact FBI Crime Compliant Center.

e-Discovery 68

e-Discovery Government Cybersecurity Financial Services 68

eSecurity Planet

JUNE 1, 2021

. “From there, the actor was able to distribute phishing emails that looked authentic but included a link that, when clicked, inserted a malicious file used to distribute a backdoor we call NativeZone,” Tom Burt, corporate vice president of customer security and trust at Microsoft, wrote in a blog post late last week.

Phishing 67

Phishing Cybersecurity Government Authentication 67

Data Matters

FEBRUARY 25, 2021

On January 28, 2021, the UK Financial Conduct Authority (FCA) published Consultation Paper CP21/3 , “Changes to the SCA-RTS and to the guidance in ‘Payment Services and Electronic Money – Our Approach’ and the Perimeter Guidance Manual” (Consultation Paper). its Perimeter Guidance Manual (PERG). Temporary COVID Guidance.

Authentication 68

Authentication Paper Risk Insurance 68

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No.

Insurance 70

Insurance Cybersecurity Risk Education 70

DLA Piper Privacy Matters

JULY 30, 2019

Effective cybersecurity requires organizations to move beyond perimeter defense of their own network to protecting sensitive data in the hands of service providers. From a security and legal perspective, service provider cybersecurity requires significant attention and coordination by all parties both before and after hitting the breach.

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45

HL Chronicle of Data Protection

DECEMBER 7, 2018

This blog post provides background on the scope of the exemption and an overview of key considerations for financial institutions developing CCPA compliance programs. The financial services industry is one of the most heavily regulated industries when it comes to protecting the privacy of personal information. Background.

Privacy 40

Privacy Financial Services Compliance Data breaches 40

ForAllSecure

AUGUST 2, 2022

Vamosi: DEF CON turns 30 This year what began simply as a going away party for a coworker has since evolved over the decades into an annual summer tradition for InfoSec leaders in Las Vegas, which now includes other events such as besides Las Vegas, Diana is known as hackers summer camp. DEF CON 18: I'm Robert Vamosi. I'm Robert Vamosi.

Computer and Electronics 40

Computer and Electronics IT Security Mining 40