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

Data Matters

Mr. Lashway and Mr. Woods join Sidley from Baker McKenzie where they started and led the global cybersecurity practice group for over 10 years. 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.

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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.” Data security is still a problem. I remember when we were pioneering our first use case to prevent “root or administrator” from seeing data they weren’t cleared to see, yet be able to do their job.

Cloud 113
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Navigating the EU-US Data Protection Framework

Thales Cloud Protection & Licensing

Navigating the EU-US Data Protection Framework sparsh Thu, 01/11/2024 - 05:26 On 10 July 2023, the European Commission adopted a new adequacy decision regarding the Data Privacy Framework (“DPF”). This follows the invalidation of the EU-US Privacy Shield, by the Court of Justice of the European Union on 16 July 2020.

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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 a security awareness and training program for all workforce members pursuant to the HIPAA Security Rule.

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Cloudflare: Mirai Botnet Launched Record-Breaking DDoS Attack

eSecurity Planet

Cloudflare last month fought off a massive distributed denial-of-service (DDoS) attack by a botnet that was bombarding 17.2 million requests per second (rps) at one of the internet infrastructure company’s customers in the financial services space. DDoS Attacks on the Rise. That prediction proved correct.

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

Data Matters

3 The SEC and its staff followed the September 2017 statement with various cybersecurity-related initiatives and guidance, including January 27, 2020, cybersecurity guidance and observations published by the SEC’s Division of Examinations (formerly Office of Compliance Inspections and Examinations).