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

FEBRUARY 8, 2022

million individuals was exposed, including approximately 98,632 New Yorkers.The AG began an investigation based on New York’s Executive Law § 63(12) [deception] and General Business Law §§ 349 [deception] and 899-bb. The latter is the 2019 data security law known as the Stop Hacks and Improve Electronic Data Security (SHIELD) Act.

Passwords 98

Passwords Financial Services Authentication Insurance 98

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. NSC), relating to violations of three different requirements of the NYDFS cybersecurity regulation during the period 2018 to 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

Data Matters

DECEMBER 23, 2020

On December 15, 2020, the U.S. Federal Deposit Insurance Corporation (FDIC) approved and the federal banking agencies jointly announced on December 18 a notice of proposed rulemaking, Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers (NPR).

Security 68

Security Cybersecurity Insurance Communications 68

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