Data Matters

AUGUST 19, 2020

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.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

Data Protection Report

APRIL 22, 2021

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. Readers may recall that NYDFS’ cybersecurity regulation went into effect in March of 2017. NSC reported a second cybersecurity event to NYDFS on May 12, 2020.

Cybersecurity 94

Cybersecurity Financial Services Phishing Compliance 94

eSecurity Planet

FEBRUARY 16, 2021

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.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

CGI

JANUARY 12, 2017

Fri, 01/13/2017 - 01:45. This is the final blog in my three-part series on the disruptive impact of financial technology (FinTech) firms on today’s banks. The blog series is based on the findings of CGI’s 2016 survey of 1,670 consumers across 8 countries, which assessed consumer perspectives on 12 leading digital FinTech services.*

Financial Services 40

Financial Services Education Marketing Risk 40

DLA Piper Privacy Matters

SEPTEMBER 29, 2017

The French data protection authority (CNIL) has just adopted Single Authorization No. AU-054 (the “AU-054”) on July 13, 2017 in order to cover the processing of personal data implemented in relation to these fraud prevention/detection systems. 311-2 of the Code Monétaire et Financier. .

Personal data 40

Personal data Financial Services Risk Insurance 40

Data Matters

APRIL 23, 2018

Recent guidance from the Securities and Exchange Commission (SEC) on disclosure and enforcement actions by the Federal Trade Commission (FTC) make clear that cybersecurity is no longer a niche topic, but a concern significant enough to warrant the oversight of corporate boards of directors.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

eSecurity Planet

JANUARY 11, 2022

Information security products , services, and professionals have never been in higher demand, making for a world of opportunities for cybersecurity startups. With evolving attack methodologies due to machine learning, quantum computing, and sophisticated nation-state hackers, security startups are receiving record funding.

Cybersecurity 142

Cybersecurity Cloud Compliance Analytics 142