Remove Data Remove Exercises Remove Financial Services Remove Government
article thumbnail

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. The Amendment also includes new governance requirements and responsibilities applicable to the CISO of all covered entities.

article thumbnail

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. Cybersecurity Governance. The proposed amendments revise several aspects of the draft Cybersecurity Rule amendments released on July 29, 2022. Cybersecurity Plan.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

UK Government sets out proposals to shake up UK data protection laws

Data Protection Report

On 10 September 2021, the UK Government published its consultation paper on proposals to reform the UK’s data protection regime. The context here is enabling innovative data use involving data sharing by different controllers, rather than clarification. The deadline for responding to the consultation is 19 November 2021.

article thumbnail

Why you should keep data observability separate from data cleansing

Collibra

As a principal for data quality, I enjoy taking time to work with our customer base. These organizations demonstrate perspectives and prioritization that show great promise in the industry of data. . For financial services, data governance found its roots in risk. Audit & Professional Services.

Risk 102
article thumbnail

Proposed Amendments to NY Financial Services Cybersecurity Regulations Impose New Obligations on Large Entities, Boards of Directors and CISOs

Hunton Privacy

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) posted proposed amendments (“Proposed Amendments”) to its Cybersecurity Requirements for Financial Services Companies (“Cybersecurity Regulations”). The risk assessments required by Section 500.9

article thumbnail

U.S. and Foreign Cybersecurity and Intelligence Agencies Recommend Measures to Counteract Threat of Russian Cyberattacks

Data Matters

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. government, especially in light of ongoing tensions between the U.S. Create, Maintain, and Exercise a Cyber Incident Response, Resilience, and Continuity of Operations Plan.

article thumbnail

EU data governance regulation – a wave of digital, regulatory and antitrust reform begins – Part 1

Data Protection Report

On 25 November 2020, the European Commission ( EC ) published its proposed Data Governance Regulation (the DGR ), which will create a new legal framework to encourage the development of a European single market for data. What are the objectives of the Data Governance Regulation?