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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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Australian Privacy Regulator Sues in Data Breach Case

Hunton Privacy

The case is significant because: (1) it is only the second time that the Australian regulator has brought court proceedings of this kind despite having the power to do so since 2014; and (2) it signals the regulator’s priority in ensuring that cybersecurity incidents are responded to swiftly. Collateral Issues Cyber risks in M&A.

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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. enable companies to identify cybersecurity risks and incidents.

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DOJ Announces Multinational Efforts to Disrupt Gameover Zeus Botnet

Hunton Privacy

On June 2, 2014, the U.S. Documents and resources related to the action are available on the DOJ website. Read our previous blog entry about Gameover Zeus and how cyber insurance may help mitigate risks posed by malware. Department of Justice announced a U.S.-led Read the FTC’s Consumer Information blog post.

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NIST Releases Final Cybersecurity Framework

Hunton Privacy

On February 12, 2014, the National Institute of Standards and Technology (“NIST”) issued the final Cybersecurity Framework , as required under Section 7 of the Obama Administration’s February 2013 executive order, Improving Critical Infrastructure Cybersecurity (the “Executive Order”).

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Part 3: OMG! Not another digital transformation article! Is it about effecting risk management and change management?

ARMA International

Here, Part 3 discusses how to manage the various DT risks. This discussion includes methods, tools, and techniques such as using personae and identifying use cases that have high business value, while minimizing project risks. This part also discusses managing CS risks such as ransomware, privacy, change management, and user adoption.

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An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

More and more, directors are viewing cyber-risk under the broader umbrella of corporate strategy and searching for ways to help mitigate that risk. Despite the plethora of cyber-risk guidance that has surfaced in recent years, however, there is no “silver bullet” for cyber incident response and prevention.