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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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Top 12 Cloud Security Best Practices for 2021

eSecurity Planet

From the very beginning of the cloud computing era, security has been the biggest concern among enterprises considering the public cloud. For many organizations, the idea of storing data or running applications on infrastructure that they do not manage directly seems inherently insecure. What is cloud security?

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

Data Matters

In September 2017, then-SEC Chairman Jay Clayton issued a public statement that provided an overview of the SEC’s approach to cybersecurity and underscored it as a priority for the SEC. The SEC is considering enhancing its disclosure rules concerning cybersecurity risk governance and has indicated a target release date of October 2021.

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NYDFS settles cybersecurity regulation matter for $1.8 million

Data Protection Report

On May 13, 2021, the New York Department of Financial Services (NYDFS) announced a $1.8 Readers may recall that NYDFS’ cybersecurity regulation went into effect in March of 2017. Readers may recall that NYDFS’ cybersecurity regulation went into effect in March of 2017. NYDFS Cybersecurity Regulation.

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Cloud, Intelligent Content Services, and Digital Fragility: What’s on the RIM Horizon for 2020

ARMA International

Nineteen percent of RIM programs report into IT (up from 15% in 2017), and 28% into legal (up from 18.5% in 2017), with the remainder reporting into senior administrative roles, compliance, corporate services, or finance teams. In 2017, only 25% of respondents reported they had re-organized their programs.

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New York’s Breach Law Amendments and New Security Requirements

Data Protection Report

Although California has recently captured the lion’s share of attention with respect to privacy and security, on October 23, 2019, New York’s amended security breach law goes into effect, and on March 1, 2020, new security safeguards go live (N.Y. Readers may recall that New York’s security breach notification law (N.Y.

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The Business of Data Newsletter – Issue 7 (7 December 2018)

Information Matters

UK consumers threaten data breach backlash – Computer Weekly, 5 December 2018. “Seven out of 10 UK consumers and two-thirds, on average, around the world would stop doing business with a brand that suffers a breach of users’ financial or personal data. ” [link]. ” [link]. ” [link].

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