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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.

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Keeping Up with New Data Protection Regulations

erwin

In fact, organizations should expect increasing pressure on lawmakers to introduce new data protection regulations. A number of high-profile data breaches and scandals have increased public awareness of the issue. For example, many retailers have robust, data-driven e-commerce operations that are international.

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Doing Digital Right (A Book Review)

Information is Currency

The challenge isn’t just managing electronic records, but non-records, content and other data as all information needs to be governed because all information provides risk because of many factors such as e-discovery, data breaches and so much more.

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From Data Chaos to Data Clarity: Four Trends Reshaping Data Management in the Digital Age

Reltio

For example, AI can classify and label data, identify patterns and trends, and monitor data quality. This allows data stewards to focus on more strategic tasks like designing and implementing data governance policies. Cloud-based MDM solutions can help organizations maximize the value of their AI initiatives.

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