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

JUNE 12, 2023

We see public cloud as an enabler of a better future for financial services, not as a destination. Understand the immediate power and sustained value of great architecture with embedded security controls and continuous monitoring. The future for financial services is bright. appeared first on IBM Blog.

Cloud 94

Cloud Financial Services Digital transformation Risk 94

IT Governance

FEBRUARY 21, 2024

Fowler sent a responsible disclosure notice when he discovered the database and it was secured the following day. Source New Telecoms USA Yes 6,158 Nabholz Construction Company Employee Welfare Health Plan Source 1 ; source 2 New Healthcare USA Yes 5,326 Dawson James Securities, Inc. North Hill Home Health Care, Inc.,

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52

Data Matters

MARCH 28, 2022

OCR concludes most cyber-attacks could be prevented or substantially mitigated if HIPAA covered entities and business associates implemented HIPAA Security Rule requirements to address the most common types of attacks. implement a security awareness and training program for all workforce members pursuant to the HIPAA Security Rule.

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

IBM Big Data Hub

DECEMBER 14, 2023

As enterprises scale infrastructure and systems to manage sensitive data and complex workloads, they must rely more on an ecosystem of partners to help them enhance their security and compliance without impacting performance and resiliency. It also offers the industry’s only Keep Your Own Key (KYOK) for data encryption at rest.

Cloud 90

Cloud Security Data breaches Cybersecurity 90

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 79

Cloud Computer and Electronics Compliance Financial Services 79

IBM Big Data Hub

JANUARY 10, 2024

Hybrid cloud has become the dominant approach for enterprise cloud strategies , but it comes with complexity and concerns over integration, security and skills. Hybrid cloud is also forcing a significant rethinking of how to secure and protect data and assets.

Security 76

Security Cloud Data Privacy Financial Services 76

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 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 Matters

JANUARY 28, 2022

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. The service determines whether an application is malicious or suspicious and, if so, will block it from making changes to any files in a protected folder. The post U.S.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

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

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 69

Cloud Financial Services Compliance Digital transformation 69

IBM Big Data Hub

AUGUST 1, 2023

We are bringing the power of foundation models with the availability of a GPU as a service on IBM Cloud offering to help organizations tap into artificial intelligence (AI) in a secured environment while aiming to mitigate third- and fourth-party risk.

Financial Services 67

Financial Services Computer and Electronics Cloud Digital transformation 67

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

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

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. Aligning the Safeguards Rule with State Regimes.

Privacy 68

Privacy IT Information Security Insurance 68

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

JANUARY 19, 2023

On 17 January 2023, the new Network and Information Systems Security Directive (“ NIS2 Directive ”), which is aimed at establishing a minimum level of cybersecurity standards across the EU and is set to replace its predecessor (the NIS or “ NIS1 Directive ” ), entered into force.

Financial Services 88

Financial Services Cybersecurity Ransomware Marketing 88

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 73

Encryption Data Privacy Compliance Cloud 73

IBM Big Data Hub

JANUARY 12, 2024

For enterprises dealing with sensitive information, it is vital to maintain state-of-the-art data security in order to reap the rewards,” says Stuart Winter, Executive Chairman and Co-Founder at Lacero Platform Limited, Jamworks and Guardian. . “AI is driving a revolution in education, accessibility and productivity.

Cloud 102

Cloud Data Privacy Encryption Privacy 102

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 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

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. But with countless criminals now making millions from ransomware, there is certainly a vast, untapped market for services that help those folks improve their operational security.

Blockchain 303

Blockchain Analytics Marketing Ransomware 303

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

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. In September financial services companies faced the largest set of regulations in the process thus far. September Checklist, March Reminder. Looking Ahead to 2019 and 2020.

Cybersecurity 71

Cybersecurity Financial Services Encryption Data Privacy 71

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

IT Governance

AUGUST 26, 2021

In this blog, we look at the key issues that you will face. Protecting employees’ privacy. For example, financial services firms may be worried about employees breaching insider trading laws. But if you’ve adopted a hybrid working model or are thinking about it, you must acknowledge the challenges that it brings.

Compliance 119

Compliance Data breaches Privacy Risk 119

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

HL Chronicle of Data Protection

DECEMBER 7, 2018

This is the ninth installment in Hogan Lovells’ series on the California Consumer Privacy Act. It does not exempt financial institutions altogether from its requirements where a financial information is processing information not subject to these regimes. Background.

Privacy 40

Privacy Financial Services Compliance Data breaches 40

Data Matters

DECEMBER 4, 2019

Cryptoassets cannot be physically possessed, so they cannot be the object of a bailment, and only some types of security can be granted over them. However, because of the potential to facilitate near-instant messaging, clearing and settlement, blockchain and cryptoassets have a particularly promising potential in a financial services context.

Blockchain 60

Blockchain Financial Services Healthcare Marketing 60

Data Matters

DECEMBER 4, 2019

Cryptoassets cannot be physically possessed, so they cannot be the object of a bailment, and only some types of security can be granted over them. However, because of the potential to facilitate near-instant messaging, clearing and settlement, blockchain and cryptoassets have a particularly promising potential in a financial services context.

Blockchain 60

Blockchain Financial Services Healthcare Marketing 60

Thales Cloud Protection & Licensing

FEBRUARY 27, 2023

Government & Central Banks Central banks are exploring the use of central bank digital currencies as a way to take advantage of the benefits of cryptocurrencies for economic growth, while also minimizing the potential risks to financial stability: 1. This could ultimately benefit banks by reducing the risk of financial instability.

Financial Services 71

Financial Services Access Risk Security 71

Krebs on Security

MARCH 23, 2020

” Historic WHOIS registration records from Domaintools [an advertiser on this blog] say Weblistingsinc.org was registered in Nov. According to Farsight Security , a company that keeps historic records of which Web sites were hosted at which Internet addresses, Weblistingsinc.org was for a while hosted at the IP address 68.169.45.65

Sales 259

Sales Marketing Financial Services IT 259

Data Matters

JUNE 24, 2021

In the Order, the SEC alleges that First American’s disclosures concerning the vulnerability were deficient because senior executives were not provided all available and relevant information, specifically that First American’s information security personnel had identified and failed to remediate the vulnerability months earlier in January 2019.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

Data Matters

SEPTEMBER 12, 2018

As part of the public discussion, the Commission, the European Securities and Markets Authority (ESMA), the European Banking Authority (EBA) and the UK Financial Conduct Authority (FCA) were present to provide their thoughts. Firms interested in cryptoassets should watch for EU regulatory guidance later this year.

Financial Services 68

Financial Services Marketing Privacy IT 68