Remove 11
Remove 2017 Remove Data Remove Financial Services Remove Insurance Remove Security
article thumbnail

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.

article thumbnail

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

The Last Watchdog

SailPoint, which went public in November 2017, has grown to more than 1000 employees in 30 locations. 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. Users re-defined. Talk more soon.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

HL Chronicle of Data Protection

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

article thumbnail

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

Data Matters

On June 15, 2021, the SEC announced settled charges against First American Title Insurance Company (First American) for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information.

article thumbnail

Ransomware Protection in 2021

eSecurity Planet

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. Attackers will inform the victim that their data is encrypted. Raising awareness about ransomware is a baseline security measure. How ransomware works. Screenshot example. Staff Awareness.

article thumbnail

SER’s growth double that of ECM market competition

Info Source

In the fiscal year 2017, the SER Group grew more than twice as much as the entire ECM market [1] [1]. The SER Group is a driver of future trends such as the interaction between ECM, cloud computing, big data and artificial intelligence (AI). Coinciding with the growth in licensing business, service business has also jumped by over 11%.

ECM 40
article thumbnail

Privacy and Cybersecurity Top 10 for 2018

Data Matters

This past year was marked by ever more significant data breaches, growing cybersecurity regulatory requirements at the state and federal levels and continued challenges in harmonizing international privacy and cybersecurity regulations. Data breach litigation risks. Data breach litigation may reach a turning point in 2018.