Remove 11
Remove 2020 Remove Compliance Remove Insurance Remove Training
article thumbnail

SEC Announces Settled Charges Against First American for Cybersecurity Disclosure Controls Failures – Lessons Learned

Data Matters

On June 15, 2021, the SEC announced settled charges against First American Title Insurance Company (First American) for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information. 27, 2020). 3 See SEC Chairman Jay Clayton, Statement on Cybersecurity (Sept.

article thumbnail

Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Historic Charges: First Enforcement Action Filed by New York Department of Financial Services Under Cybersecurity Regulation

Data Matters

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.

article thumbnail

SEC Chair: Sweeping New Cybersecurity Rules Are Coming Soon

Data Matters

Stay Up to Date on SEC Alerts Related to Cybersecurity: For instance, in 2020 the Division of Examinations published three alerts related to cybersecurity (OCIE Cybersecurity and Resiliency Practices; Ransomware Alert; and Safeguarding Client Accounts against Credential Compromise).

article thumbnail

Ransomware Protection in 2021

eSecurity Planet

With vulnerabilities rooted in unsuspecting users, the task of preventing these attacks means both staff training and a robust email and network security system that includes a strong backup program so you have a recent copy of your data that you can roll back to. Also Read: Best Encryption Tools & Software for 2021. Staff Awareness.

article thumbnail

Best Digital Forensics Tools & Software for 2021

eSecurity Planet

ProDicover offers three products that prioritize computer forensics, incident response, electronic discovery, and corporate policy compliance investigations: Forensics, Incident Response (IR), and ProDiscover Pro. What thrust Exterro deeper into the DFIR space was its acquisition of industry-known AccessData in December 2020.

article thumbnail

Top VC Firms in Cybersecurity of 2022

eSecurity Planet

Company Sector Year Status Isovalent Cloud security 2020 Private Illumio Cloud security 2015 Private SignalFx Monitoring 2015 Acquired: Splunk CipherCloud Cloud security 2012 Acquired: Lookout Lookout Mobile security 2011 Private. a16z Investments. ForgePoint Investments. Insight Investments. Kleiner Perkins Investments. LVP Investments.