article thumbnail

NYDFS proposes significant cybersecurity regulation amendments

Data Protection Report

On July 29, 2022, the New York Department of Financial Services (NYDFS) announced a “pre-proposed outreach” of material proposed changes to almost every section of its cybersecurity regulations, and would affect each entity covered by the current regulations of 23 NYCRR Part 500. The Proposed Regulation Changes. Governance.

article thumbnail

Proposed Amendments to NY Financial Services Cybersecurity Regulations Impose New Obligations on Large Entities, Boards of Directors and CISOs

Hunton Privacy

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) posted proposed amendments (“Proposed Amendments”) to its Cybersecurity Requirements for Financial Services Companies (“Cybersecurity Regulations”). As part of the “penetration testing and vulnerability assessments” requirements under Section 500.5

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Building for operational resilience in the age of AI and hybrid cloud

IBM Big Data Hub

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. This includes cyber incidents, technology failures, natural disasters and more. Similarly, in the U.S.

Cloud 78
article thumbnail

Telco service provider giant Syniverse had unauthorized access since 2016

Security Affairs

Syniverse service provider discloses a security breach, threat actors have had access to its databases since 2016 and gained some customers’ credentials. Syniverse is a global company that provides technology and business services for a number of telecommunications companies as well as a variety of other multinational enterprises.

Access 97
article thumbnail

Network Encryption Keeps Our Data in Motion Secure for Business Services

Thales Cloud Protection & Licensing

Network Encryption Keeps Our Data in Motion Secure for Business Services madhav Tue, 07/25/2023 - 04:59 The demand for high-speed networks and fast data transfers is increasing due to cloud adoption, digital transformation, and hybrid work. Why do you need network encryption in business services?

article thumbnail

New Leak Shows Business Side of China’s APT Menace

Krebs on Security

A new data leak that appears to have come from one of China’s top private cybersecurity firms provides a rare glimpse into the commercial side of China’s many state-sponsored hacking groups. It also performed charity work, and sought to engage employees and sustain morale with various team-building events.

article thumbnail

Managed IT Service Providers (MSPs): A Fast Way to Secure IT

eSecurity Planet

Managed service providers, also known as MSPs, offer organizations of all sizes a way to gain fractional expertise and capabilities unrelated to their core activities without the need for a huge upfront investment. For IT services and infrastructure, some larger MSPs will provide generalist services and attempt to solve all problems.

IT 97