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NYDFS settles cybersecurity regulation matter for $3 million

Data Protection Report

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. Readers may recall that NYDFS’ cybersecurity regulation went into effect in March of 2017. NSC reported a second cybersecurity event to NYDFS on May 12, 2020.

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Delaware amends data breach notification law

Data Protection Report

Most notably, the new law requires any entity that has suffered a data breach that includes social security numbers to provide free credit monitoring services to affected residents for one year. Norton Rose Fulbright has been shortlisted for ‘Cyber law firm of the year’ at the Insurance Insider Cyber Ranking Awards 2017.

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2019 end-of-year review part 1: January to June

IT Governance

A royal baby, a fire at Notre-Dame, the highest grossing film of all time and more than 12 billion breached data records: 2019 has been quite a year. IT Governance is closing out the year by rounding up 2019’s biggest information security stories. Part one covers January to June, and will be followed by part in the coming days.

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CyberheistNews Vol 13 #19 [Watch Your Back] New Fake Chrome Update Error Attack Targets Your Users

KnowBe4

New school security awareness training can help any organization sustain that line of defense and create a strong security culture. Blog post with links: [link] A Master Class on IT Security: Roger A. And this enormous security gap leaves you open to business email compromise, session hijacking, ransomware and more.

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MY TAKE: A primer on how ransomware arose to the become an enduring scourge

The Last Watchdog

A survey of local media reports by Recorded Future tallied 38 ransomware attacks against cities in 2017, rising to 53 attacks in 2018. insurance giant Beazley Worldwide reported that the average ransomware demand in 2018 was more than $116,000, a figure admittedly skewed by some very large demands. Best security practices are a must.

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An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

Recent guidance from the Securities and Exchange Commission (SEC) on disclosure and enforcement actions by the Federal Trade Commission (FTC) make clear that cybersecurity is no longer a niche topic, but a concern significant enough to warrant the oversight of corporate boards of directors. Designing an Enterprise-Level Approach. Principle 5.

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Top VC Firms in Cybersecurity of 2022

eSecurity Planet

Luckily for cybersecurity startups, there’s no shortage of interest in tomorrow’s next big security vendors. Investments in cybersecurity more than doubled from $12 billion to $29.5 How to Land a Round of Funding Securing Data and Infrastructure is Hot. How Do VC Firms Work? Top Cybersecurity Venture Capital Firms.