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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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How are the EU member states progressing in their implementation of the NIS Directive?

IT Governance

Implementation status : Transposed, as the National Cyber Strategy of the Czech Republic for 2015–2020. I 2017 of 29 June 2017) amending the Act on the Federal Office for Information Security, Atomic Energy Act, Energy Industry Act, Social Insurance Code V and the Telecommunications Act. Czech Republic.

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Top VC Firms in Cybersecurity of 2022

eSecurity Planet

Investments in cybersecurity more than doubled from $12 billion to $29.5 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.

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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 Open Raven analyzes data at rest, classifies inventory, and automates data governance as these become critical capabilities for the hybrid infrastructure’s security posture. Series A SenseOn 2017 London, UK 61 $26.4

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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.

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Ransomware Protection in 2021

eSecurity Planet

Just in 2020, the SolarWinds hack could’ve been prevented for organizations that promptly patch software. Toward the end of 2020, Comparitech collected and shared dozens of insights into ransomware figures and trends over the last few years. Ransomware attacks increased by 130% in 2020 ( Beazley Group ). Zero Trust. Statistics.

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Regulatory Update: NAIC Summer 2018 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data . The NAIC is also considering insurers’ use of big data in underwriting life insurance products.