Remove 10
Remove 2020 Remove Authentication Remove Cybersecurity Remove Financial Services
article thumbnail

NY Department of Financial Services Issues Guidance to Regulated Entities Regarding Cybersecurity During the COVID-19 Pandemic

Hunton Privacy

On April 13, 2020, the New York Department of Financial Services (“NYDFS”) issued guidance (“April guidance”) to all New York State entities covered under NYDFS’s cybersecurity regulation regarding assessing and addressing heightened cybersecurity risks due to the COVID-19 pandemic.

article thumbnail

NYDFS Imposes Fine of $5 Million on Carnival for Cybersecurity Breaches

Hunton Privacy

On June 24, 2022, the New York State Department of Financial Services (“NYDFS” or the “Department”) announced it had entered into a $5 million settlement with Carnival Corp. Since Carnival was licensed by the Department to sell insurance in NY State, it was treated as a covered entity under the 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

Developments in Health Privacy and Cybersecurity Policy and Regulation: OCR Issues Cybersecurity Warnings and New Health Data Legislation Is Introduced

Data Matters

For example, the number of breaches of unsecured electronic Personal Health Information (“ePHI”) reported to the OCR affecting 500 or more individuals due to hacking or IT incidents increased 45% from 2019 to 2020. implement stronger authentication solutions, such as multi-factor authentication. 45 CFR 164.308(a)(5)(i).

article thumbnail

Mysterious custom malware used to steal 1.2TB of data from million PCs

Security Affairs

million Windows systems between 2018 and 2020. million unique email addresses, NordLocker found, for an array of different apps and services. These included logins for social media, online games, online marketplaces, job-search sites, consumer electronics, financial services, email services, and more.

article thumbnail

NYDFS Requires COVID-19 Plans by April 9

Data Protection Report

On March 10, 2020, the New York Department of Financial Services (NYDFS) issued guidance to all of its regulated institutions engaged in virtual currency business activity, requiring them to have plans for preparedness to manage the possible operational and financial risks posed by the COVID-19 pandemic.

Risk 59
article thumbnail

Top 12 Cloud Security Best Practices for 2021

eSecurity Planet

CloudPassage’s 2021 AWS Cloud Security Report found that misconfiguration of cloud platforms (71 percent), exfiltration of sensitive data (59 percent), and insecure APIs (54 percent) are the top cloud security threats facing cybersecurity professionals. What authentication methods does the provider support?

Cloud 131
article thumbnail

CyberheistNews Vol 13 #13 [Eye Opener] How to Outsmart Sneaky AI-Based Phishing Attacks

KnowBe4

A leader tasked with cybersecurity can get ahead of the game by understanding where we are in the story of machine learning (ML) as a hacking tool," Tyson writes. "At At present, the most important area of relevance around AI for cybersecurity is content generation. back in 2020. doing so in 2022, a 93% increase.