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NYDFS releases major update to Part 500 cybersecurity requirements for financial services companies

Data Protection Report

On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. The new rules provide more details on how the senior governing body of the covered entity is expected to exercise oversight of its cybersecurity risk management.

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Deploying applications built in external CI through IBM Cloud DevSecOps

IBM Big Data Hub

These attacks are even more detrimental in critical systems, which include IT infrastructure and financial services organizations. IBM Cloud for Financial Services This is where IBM Cloud for Financial Services shines—it helps clients to fill that gap by supporting innovation while guaranteeing security and compliance.

Cloud 82
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U.S. and Foreign Cybersecurity and Intelligence Agencies Recommend Measures to Counteract Threat of Russian Cyberattacks

Data Matters

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. Create, Maintain, and Exercise a Cyber Incident Response, Resilience, and Continuity of Operations Plan.

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Security in the finance sector: Whose role is it anyway?

CGI

Security in the finance sector: Whose role is it anyway? Thomson Reuters was recently quoted as saying, “Increased regulation isn’t just a temporary challenge for global financial institutions—it’s the new reality.”. Finance service providers. Mon, 10/26/2015 - 01:33.

IT 40
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The Privacy Officers’ New Year’s Resolutions

Data Protection Report

The Advocate General (AG) delivered his non-binding opinion on the SCCs just before Christmas (see our blog post ). On 20 December, the ICO updated its blog post explaining the work that it has been doing in this area and how it is considering next steps and “evaluating all of the options available”. In the U.S., Be one step ahead.

Privacy 84
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The Economy of Things: the next value lever for telcos

IBM Big Data Hub

For example, a fleet truck outfitted with an EoT-secure identity and wallet is able to pay for its own fuel at a similarly EoT-enabled fuel pump without the driver having to open an app or provide a credit card. Telcos can also play the role of data providers as well as data marketplace and brokerage operators within the ecosystem.

IoT 55
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The Privacy Officers’ New Year’s Resolutions

Data Protection Report

The Advocate General (AG) delivered his non-binding opinion on the SCCs just before Christmas (see our blog post ). On 20 December, the ICO updated its blog post explaining the work that it has been doing in this area and how it is considering next steps and “evaluating all of the options available”. In the U.S., Be one step ahead.

Privacy 52