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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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A Closer Look at the DarkSide Ransomware Gang

Krebs on Security

The FBI confirmed this week that a relatively new ransomware group known as DarkSide is responsible for an attack that caused Colonial Pipeline to shut down 5,550 miles of pipe , stranding countless barrels of gasoline, diesel and jet fuel on the Gulf Coast. victim that earns $15 billion in annual revenue. Image: colpipe.com.

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US: The CCPA ‘Moving Target’ One Month Before Privacy Enforcement Begins

DLA Piper Privacy Matters

Second, focus your available resources on finishing compliance with CCPA statutory privacy requirements, and equally important, on ensuring that you have adequately remediated CCPA “reasonable security” class action risk. Doing any of these things avoids the obligation even to notify of the breach, and so avoids even potential claims.

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