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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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The Impact of Data Protection Laws on Your Records Retention Schedule

ARMA International

In some cases, the laws or requirements are targeted for specific industries by regulatory agencies or non-governmental business associations. Certain sectors, such as banking, financial services, health, and insurance have their own data protection and privacy requirements. 10 California Privacy Rights Act (CPRA).

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New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. 2018-L-11008, 2018 WL 4941760 (Ill. For example, Mondelez International Inc.

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Today’s financial consumer: Open for business (part 1 of 2)

CGI

Today’s financial consumer: Open for business (part 1 of 2). Sun, 01/07/2018 - 01:48. However, CGI’s 2017 Global Financial Consumer Survey results reveal the ongoing need for banks to remain vigilant in keeping pace with evolving consumer expectations. Perceived value of FinTech services. peer-to-peer) and robo-advice.

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In Case You Missed It: Money 20/20 Conference Highlights

Thales Cloud Protection & Licensing

Every year, I am blown away by the innovation that is shaping the digital payments industry, and this year’s show did not disappoint. The conference features a variety of topics and sessions regarding all aspects of financial services, from cryptocurrency to banking. Digital Payments. Payments Race.

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Six big takeaways for financial institutions from CBA LIVE

CGI

Six big takeaways for financial institutions from CBA LIVE. Tue, 07/10/2018 - 04:34. As a consulting executive, I help clients in the banking industry on everything from their vision for digital transformation, to the nitty-gritty of implementation and execution.

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Ransomware Protection in 2021

eSecurity Planet

Below we outline 18 industry tips for actions you can take to reduce your risk of a ransomware attack: Action. In the event of a successful breach, your team must be ready to restore systems and data recovery. Healthcare and financial services are the most attacked industries. Preventing ransomware. Description.