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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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FBI obtained 7,000 LockBit decryption keys, victims should contact the feds to get support

Security Affairs

The FBI is informing victims of LockBit ransomware it has obtained over 7,000 LockBit decryption keys that could allow some of them to decrypt their data. “Additionally, from our ongoing disruption of LockBit, we now have over 7,000 decryption keys and can help victims reclaim their data and get back online.”

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

Data Matters

In the Order, the SEC alleges that First American’s disclosures concerning the vulnerability were deficient because senior executives were not provided all available and relevant information, specifically that First American’s information security personnel had identified and failed to remediate the vulnerability months earlier in January 2019.

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More details about Operation Cronos that disrupted Lockbit operation

Security Affairs

Yesterday, a joint law enforcement action, code-named Operation Cronos , conducted by law enforcement agencies from 11 countries disrupted the LockBit ransomware operation. We can confirm that Lockbit’s services have been disrupted as a result of International Law Enforcement action – this is an ongoing and developing operation.

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US GOV OFFERS A REWARD OF UP TO $15M FOR INFO ON LOCKBIT GANG MEMBERS AND AFFILIATES

Security Affairs

The Department of State has set up a Tor website that can be used to anonymously provide information on LockBit’s operation. Yesterday, a joint law enforcement action, code-named Operation Cronos , conducted by law enforcement agencies from 11 countries disrupted the LockBit ransomware operation. reads the NCA’s announcement.

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BEST PRACTICES: Rising complexities of provisioning identities has pushed ‘IGA’ to the fore

The Last Watchdog

I had the chance at RSA 2019 to visit with Mike Kiser, global strategist at SailPoint , an Austin, TX-based supplier of IGA services to discuss this. Companies need a reliable way to know at all times where sensitive data is sitting, and who might be accessing it, in order to keep it out of the hands of threat actors, he said.

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Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

Major data breaches in recent years are spurring state legislators and regulators across the US into action. Of particular concern to state-level policymakers and enforcement authorities are business practices that in their view may contribute to security incidents. More states are sure to follow.