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New York Department of Financial Services Strengthens Cybersecurity Regulation

KnowBe4

The NYDFS’ 23 NYCRR Part 500 has been updated to reflect the current preventative and responsive measures necessary for Financial Services org to be ready for cyber attacks.

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NYDFS Amends Cybersecurity Rules for Financial Services Companies

Hunton Privacy

On November 9, 2022, the New York Department of Financial Services (NYDFS) released its second, proposed amendments to the Part 500 Cybersecurity Rule. The proposed amendments revise several aspects of the draft Cybersecurity Rule amendments released on July 29, 2022. Cybersecurity Plan.

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Developments in Health Privacy and Cybersecurity Policy and Regulation: OCR Issues Cybersecurity Warnings and New Health Data Legislation Is Introduced

Data Matters

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.

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Avoslocker ransomware gang targets US critical infrastructure

Security Affairs

The Federal Bureau of Investigation (FBI) published a joint cybersecurity advisory warning of AvosLocker ransomware attacks targeting multiple US critical infrastructure. The advisory was published in coordination with the US Treasury Department and the Financial Crimes Enforcement Network (FinCEN). Consider installing and using a VPN.

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CyberheistNews Vol 13 #13 [Eye Opener] How to Outsmart Sneaky AI-Based Phishing Attacks

KnowBe4

A leader tasked with cybersecurity can get ahead of the game by understanding where we are in the story of machine learning (ML) as a hacking tool," Tyson writes. "At At present, the most important area of relevance around AI for cybersecurity is content generation. Security awareness training still has a place to play here."

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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.

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MY TAKE: Why companies and consumers must collaborate to stop the plundering of IoT systems

The Last Watchdog

The challenge of the moment is that many companies already have their hands full trying to improve their security posture as they migrate their legacy, on premises, IT systems to the cloud. The operating systems of home IoT devices today typically get shipped with minimal logon security. This is a sign of IoT attacks to come.

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