Data Matters

JANUARY 24, 2024

On January 17, 2024, the New York Department of Financial Services (NYDFS) entered into a consent order with Industrial and Commercial Bank of China Ltd. The post Federal and State Regulators Fine Foreign Bank for Unauthorized Disclosure of Confidential Supervisory Information appeared first on Data Matters Privacy Blog.

Financial Services 97

Financial Services Privacy IT 97

Data Matters

AUGUST 19, 2020

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.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

IBM Big Data Hub

MARCH 20, 2024

For highly regulated industries, these challenges take on an entirely new level of expectation as they navigate evolving regulatory landscape and manage requirements for privacy, resiliency, cybersecurity, data sovereignty and more. Read to learn more about cloud adoption within financial services?

Cloud 80

Cloud Financial Services Risk Business Services 80

IBM Big Data Hub

JUNE 12, 2023

We see public cloud as an enabler of a better future for financial services, not as a destination. The future for financial services is bright. appeared first on IBM Blog. And that conviction holds true across both public-sector institutions and private-sector enterprises.

Cloud 95

Cloud Financial Services Digital transformation Risk 95

Data Matters

DECEMBER 6, 2022

On November 9, 2022, the New York Department of Financial Services (DFS) published its proposed second amendment to its cybersecurity regulations (23 NY CRR Part 500). This proposal follows a July 29 pre-proposal and comment period.

Cybersecurity 88

Cybersecurity Financial Services Privacy IT 88

Data Matters

MARCH 28, 2022

implement a privileged access management (PAM) system that is reasonable and appropriate to reduce the risk of unauthorized access to privileged accounts pursuant to the HIPAA Privacy Rule. Emerging technologies such as health apps and wearable devices are not necessarily subject to the same privacy or security requirements.

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

Data Matters

FEBRUARY 20, 2019

On January 18, 2019, the New York State Department of Financial Services (NYDFS) issued Circular Letter 2019-1 (the Circular Letter), addressing insurers’ use of external consumer data and information sources in underwriting for life insurance.

Insurance 68

Insurance Financial Services Compliance Retail 68

IBM Big Data Hub

FEBRUARY 22, 2024

We strongly believe the influx of data associated with AI will fuel tremendous business innovations, but requires strategic considerations, including around where data resides, data privacy, resilience, operational controls, regulatory requirements and compliance, and certifications.

Cloud 80

Cloud Computer and Electronics Compliance Financial Services 80

Data Protection Report

JUNE 14, 2022

As privacy incidents and security breaches involving personal information become increasingly frequent, organizations are more and more aware of the importance of implementing a robust privacy program to mitigate the risks and impacts of such incidents. Legal Obligations. Procedural Considerations.

Privacy 52

Privacy Data breaches Compliance Financial Services 52

Data Protection Report

JANUARY 6, 2020

The Court of Justice of the European Union (CJEU) will determine the validity of the EU Standard Contractual Clauses (SCCs) ( Data Protection Commissioner v Facebook Ireland Limited, Maximillan Schrems ) whilst the General Court of the EU will consider the future of Privacy Shield (La Quadrature du Net v Commission). In the U.S.,

Privacy 84

Privacy GDPR Data breaches Risk 84

Data Protection Report

AUGUST 2, 2022

In our previous publication , we discussed the legal obligations and procedural considerations surrounding maintaining records of privacy incidents. Organizations should also be aware of sector-specific statutory obligations which may apply to them, for example in health or financial services industries.

Compliance 137

Compliance Privacy Risk Financial Services 137

Data Matters

MAY 14, 2019

William Long, partner and global co-leader of at Sidley’s Privacy and Cybersecurity practice, and has been working on global data privacy and information security matters for a number of years. Read the Full Interview.

Financial Services 68

Financial Services GDPR Big data Data Privacy 68

Data Matters

JUNE 29, 2022

Sidley announced today that Jennifer Seale and Jonathan Wilan have joined as partners in the firm’s Privacy and Cybersecurity practice in Washington, D.C. She advises clients in several industries, including financial services, hospitality, manufacturing, telecommunications, and energy. WASHINGTON, D.C. The addition of Ms.

Cybersecurity 88

Cybersecurity Data breaches Privacy Compliance 88

Data Matters

MAY 4, 2022

Sidley announced today that David Lashway and John Woods have joined as partners in the firm’s Privacy and Cybersecurity practice in Washington, D.C. Adding significant bench strength to our Chambers-ranked Privacy and Cybersecurity practice is a win for Sidley and our clients,” said Yvette Ostolaza, Sidley’s Management Committee Chair.

Cybersecurity 167

Cybersecurity Marketing Security Privacy 167

Data Matters

JANUARY 28, 2022

Other government agencies, like the New York Department of Financial Services and the Federal Trade Commission, are also increasingly focused on the need for broad implementation of MFA. Like an incident response plan, MFA has become a critical element of cybersecurity programs. The post U.S.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

IBM Big Data Hub

AUGUST 1, 2023

With IBM Cloud for Financial Services , a first-of-its-kind cloud with built-in controls informed by the industry, we are working to help clients on their missions to mitigate this risk, positioning financial services and other regulated industries to host applications and workloads in the cloud in a secured environment.

Financial Services 68

Financial Services Computer and Electronics Cloud Digital transformation 68

Thales Cloud Protection & Licensing

JANUARY 10, 2024

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.

Data Privacy 83

Data Privacy Personal data Privacy Cloud 83

IBM Big Data Hub

DECEMBER 18, 2023

For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.

Cloud 70

Cloud Financial Services Compliance Digital transformation 70

Hunton Privacy

NOVEMBER 8, 2023

On November 1, 2023, New York Governor Hochul announced that the New York State Department of Financial Services (“NYDFS”) amended its Cybersecurity Regulation applicable to covered financial institutions. Our previous blog post covered key proposed changes to the Cyber Regulation.

Cybersecurity 72

Cybersecurity IT Compliance Financial Services 72

Data Matters

MARCH 12, 2019

Over the last few years, States have enacted increasingly aggressive legislation concerning data privacy and security, raising concerns that companies will be subject to a patchwork of different standards. The post FTC Seeks Comment on Proposed Changes to its GLBA Safeguards and Privacy Rules appeared first on Data Matters Privacy Blog.

Privacy 68

Privacy IT Information Security Insurance 68

Data Matters

JANUARY 19, 2023

The post EU Publishes New NIS2 Cyber Directive Imposing Liability and Obligations on Senior Management appeared first on Data Matters Privacy Blog.

Financial Services 88

Financial Services Cybersecurity Ransomware Marketing 88

Data Protection Report

JANUARY 6, 2020

The Court of Justice of the European Union (CJEU) will determine the validity of the EU Standard Contractual Clauses (SCCs) ( Data Protection Commissioner v Facebook Ireland Limited, Maximillan Schrems ) whilst the General Court of the EU will consider the future of Privacy Shield (La Quadrature du Net v Commission). In the U.S.,

Privacy 52

Privacy GDPR Data breaches Risk 52

Data Matters

DECEMBER 16, 2019

Kate has strong experience involving complex privacy and data security matters and represents several large, multinational companies, as well as startups, in the healthcare, technology and financial services sectors, among others. appeared first on Data Matters Privacy Blog. Roberts, Jr. on the U.S.

Energy and Utilities 78

Energy and Utilities Privacy Financial Services Data Privacy 78

Data Matters

JULY 17, 2020

Partner, Privacy and Cybersecurity Practice, Washington, D.C. Senior Associate, Banking and Financial Services Practice, London. Senior Associate, Privacy and Cybersecurity Practice, London. Cybersecurity Issues appeared first on Data Matters Privacy Blog. Charlotte Allen. Colleen Brown. Max Savoie.

Cybersecurity 68

Cybersecurity Financial Services GDPR Privacy 68

IBM Big Data Hub

FEBRUARY 5, 2024

The Digital Operational Resilience Act (DORA) marks a significant milestone in the European Union’s (EU) efforts to bolster the operational resilience of the financial sector in the digital age. Ensuring end-to-end Protection To achieve total data privacy assurance, a key component is confidential computing and cryptography.

Encryption 74

Encryption Data Privacy Compliance Cloud 74

Data Matters

JANUARY 2, 2018

This past year was marked by ever more significant data breaches, growing cybersecurity regulatory requirements at the state and federal levels and continued challenges in harmonizing international privacy and cybersecurity regulations. As we begin this New Year, here is list of the top 10 privacy and cybersecurity issues for 2018: EU GDPR.

Cybersecurity 68

Cybersecurity Privacy Data breaches GDPR 68

IBM Big Data Hub

JANUARY 12, 2024

Robust encryption, granular access controls and privacy-preserving techniques become imperative to counter the risks of unauthorized data access and use. Technical assurance delivers the highest level of privacy and protection Operational assurance means your cloud provider will not access your data based on trust, visibility and control.

Cloud 104

Cloud Data Privacy Encryption Privacy 104

Data Matters

FEBRUARY 11, 2022

His antitrust career, both in government and private practice, has included work on major mergers and acquisitions, as well as lead roles in complex litigation matters that often intersect with other areas of law, including patent law, various federal regulatory regimes, consumer protection, and privacy.

Government 88

Government Financial Services Privacy Marketing 88

Krebs on Security

AUGUST 13, 2021

Come check out Antinalysis, the new address risk analyzer,” reads the service’s announcement, pointing to a link only accessible via ToR. “To date, this type of analysis has been used primarily by regulated financial service providers.” ” That may not be entirely true. ” Update, 1:42 p.m.

Blockchain 297

Blockchain Analytics Marketing Ransomware 297

IT Governance

FEBRUARY 21, 2024

Subscribe now The post The Week in Cyber Security and Data Privacy: 12 – 18 February 2024 appeared first on IT Governance UK Blog.

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52

IBM Big Data Hub

DECEMBER 14, 2023

Minimizing breaches and vulnerabilities As more enterprises adopt technologies to help solve their data security and privacy concerns, the lifecycle of a security breach becomes more integral to the overall financial impact to the organization.

Cloud 92

Cloud Security Data breaches Cybersecurity 92

Thales Cloud Protection & Licensing

NOVEMBER 27, 2018

The cybersecurity regulation ( 23 NYCRR 500 ) adopted by the New York State Department of Financial Services (NYDFS) is nearly two years old. Even though these regulations only apply to New York, financial institutions across the U.S. The 2017 bill, the first of its kind, will be fully implemented as of March 1st, 2019.

Cybersecurity 71

Cybersecurity Financial Services Encryption Data Privacy 71

Data Matters

JUNE 12, 2020

The ANPR also focuses on critical new technologies such as distributed ledgers and artificial intelligence, asking, for example: “What types of activities related to cryptocurrencies or cryptoassets are financial services companies or bank customers engaged? See also Nikhilesh De, A key bank regulator in the U.S. The post The U.S.

Artificial Intelligence 68

Artificial Intelligence Blockchain Financial Services Computer and Electronics 68

OpenText Information Management

DECEMBER 4, 2019

Last year, the number of personal records exposed by cyber attacks on the financial services industry was an incredible 446,575,334 – more than triple from the year before. The financial and reputational damage from these data breaches can be immense.

Financial Services 52

Financial Services Data breaches Security Personal data 52

IBM Big Data Hub

SEPTEMBER 20, 2023

When implemented in a responsible way—where the technology is fully governed, privacy is protected and decision making is transparent and explainable—AI has the power to usher in a new era of government services. appeared first on IBM Blog. Let’s embrace the age of AI value creation together.

Government 110

Government Artificial Intelligence Privacy Digital transformation 110

Hunton Privacy

FEBRUARY 22, 2024

Securities and Exchange Commission’s (“SEC’s”) Form 8-K cybersecurity reporting rules under new Item 1.05, this blog post provides a high-level summary of the filings made to date. It is interesting, but perhaps coincidental, that the filings seem limited to two broad industry groups: technology and financial services.

Cybersecurity 80

Cybersecurity Financial Services Marketing IT 80

eDiscovery Daily

MARCH 24, 2019

technology, manufacturing, financial services, utilities and health care companies finds that 44 percent of companies that will impacted by the CCPA haven’t yet taken steps towards compliance. The survey was conducted by Dimensional Research on behalf of the privacy compliance company TrustArc. companies on a daily basis.

Data Privacy 50

Data Privacy Privacy e-Discovery Compliance 50