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FDIC, FRB and OCC Issue Interagency Guidance on Third-Party Relationships

Hunton Privacy

On June 6, 2023, the Federal Deposit Insurance Corporation (“FDIC”), the Board of Governors of the Federal Reserve System (“FRB”) and the Office of the Comptroller of the Currency (“OCC”) issued their final Interagency Guidance on Third-Party Relationships (“Guidance”).

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This Identity Management Day, Go BIG or Go HOME!

Thales Cloud Protection & Licensing

madhav Wed, 04/12/2023 - 06:11 Identity and Access Management (IAM) has evolved significantly over the past decade. IAM is no longer just a means to be compliance- and audit-friendly. Funny enough, many a CIO would already have been preaching this pre-2020. This Identity Management Day, Go BIG or Go HOME!

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Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

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SEC Chair: Sweeping New Cybersecurity Rules Are Coming Soon

Data Matters

For example, SEC guidance from 2018 emphasizes that there is a range of factors that may affect whether an incident should be disclosed to investors beyond the bottom-line financial costs to respond to the incident. He also signaled the SEC’s continued focus on enforcement and cooperation with other law enforcement agencies.

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Ransomware Protection in 2021

eSecurity Planet

Screenshot example. Expanding on what a ransomware attack looks like, here is an example of how Locky would appear on your desktop. Just in 2020, the SolarWinds hack could’ve been prevented for organizations that promptly patch software. Ransomware attacks increased by 130% in 2020 ( Beazley Group ). Zero Trust.

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The Impact of Data Protection Laws on Your Records Retention Schedule

ARMA International

Certain sectors, such as banking, financial services, health, and insurance have their own data protection and privacy requirements. 12 GDPR Enforcement Tracker. The United States does not have a Federal data protection law that protects all consumers. resumes, personnel files, video/call recordings). 4 Consumer Protection Privacy Act.

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California Enacts Broad Privacy Laws Modeled on GDPR

Data Matters

1, 2020, unless changed in the interim. The potential negative effects on innovation and widespread business practices are likely to prompt considerable interest in making necessary corrections and other amendments to the law before it takes effect in 2020 as well as in possible preemptive federal legislation. Right to Know.

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