Cybersecurity Financial Services Passwords Personal data 
Hunton Privacy
JULY 1, 2022
On June 24, 2022, the New York State Department of Financial Services (“NYDFS” or the “Department”) announced it had entered into a $5 million settlement with Carnival Corp. Since Carnival was licensed by the Department to sell insurance in NY State, it was treated as a covered entity under the Cybersecurity Regulation.
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.
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Hunton Privacy
OCTOBER 24, 2022
On October 18, 2022, the New York State Department of Financial Services (“NYDFS”) announced that EyeMed Vision Care LLC (“EyeMed”) agreed to a $4.5 The NYDFS’s consent order notes that EyeMed’s failure to comply with the Cybersecurity Regulation left EyeMed vulnerable to threat actors.
IT Governance
OCTOBER 13, 2023
October is both Cybersecurity Awareness Month in the US and European Cyber Security Month in the EU – twin campaigns on either side of the Atlantic that aim to improve awareness of the importance of cyber security both at work and at home, and provide tips on how to stay secure. Can you spot a phishing scam?
Data Protection Report
OCTOBER 24, 2022
On October 18, 2022, the New York Department of Financial Services announced a settlement with EyeMed, a licensed life, accident, and health insurer, with respect to a security incident that occurred in 2020. 7. Improper certification of compliance with the Cybersecurity Regulation. Over-Retention/Failure to Dispose.
Data Protection Report
FEBRUARY 8, 2022
EyeMed engaged a forensic investigator, which was unable to determine whether any exfiltration of personal data had occurred, due in part to a lack of log data. EyeMed notified affected individuals and offered credit monitoring, fraud consultation, identity theft restoration. SHIELD Act.
eSecurity Planet
JUNE 16, 2022
Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. These new attacks affect everything from private citizens and businesses to government systems; healthcare organizations; public services; and food, water, and fuel supply chains. The average cost of a breach is $3.6
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