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NYDFS releases major update to Part 500 cybersecurity requirements for financial services companies

Data Protection Report

On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. Some requirements also apply specifically to larger covered entities falling under the “Class A companies” category.

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Security Compliance & Data Privacy Regulations

eSecurity Planet

Regulatory compliance and data privacy issues have long been an IT security nightmare. And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR-style data privacy laws came to the U.S. Healthcare Data Privacy Laws.

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The Impact of Data Protection Laws on Your Records Retention Schedule

ARMA International

It is essential that your organization’s records retention schedule is compliant with the data protection requirements in the jurisdictions where your organization operates. Introduction to Data Protection Laws. Personal data protection requirements may be issued by federal, state (provincial), or local governments.

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Top 7 Data Governance Blog Posts of 2018

erwin

The driving factors behind data governance adoption vary. Whether implemented as preventative measures (risk management and regulation) or proactive endeavors (value creation and ROI), the benefits of a data governance initiative is becoming more apparent. Defining Data Governance. www.erwin.com/blog/defining-data-governance/.

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New York Enacts Stricter Data Cybersecurity Laws

Data Matters

On July 25, 2019, Governor Cuomo signed the two bills into law, one which amended the state’s data breach notification law, and another that created additional obligations for data breaches at credit reporting agencies. The Stop Hacks and Improve Electronic Data Security Act.

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The Privacy Officers’ New Year’s Resolutions

Data Protection Report

2020 could well be a year of data export turmoil – so brace yourself! Although the AG’s view was that the SCCs are valid, he suggested that those using them would need to examine the national security laws of the data importer’s jurisdiction to determine whether they can in fact comply with the terms of the SCCs.

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CPRA Becomes the New Standard. Are You Ready?

Thales Cloud Protection & Licensing

It amends the California Consumer Privacy Act (CCPA) and goes into effect January 1, 2023, for all data collected starting January 1, 2022 1. Establishes an enforcement arm. It goes on with examples: Sensitive personal information will include financial information, account log-in credentials, a consumer’s identification numbers (e.g.,

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