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NYDFS releases major update to Part 500 cybersecurity requirements for financial services companies

Data Protection Report

On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. Some requirements also apply specifically to larger covered entities falling under the “Class A companies” category. f), is sufficient to trigger this new notice requirement.

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NYDFS proposes significant cybersecurity regulation amendments

Data Protection Report

On November 9, 2022, the New York Department of Financial Services (NYDFS) officially proposed changes to its cybersecurity regulation and opened a 60-day public comment period. NYDFS had issued a “pre-proposed” version of the changes in July of this year, which we had summarized here. Other notable changes include the following: CISO.

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New SEC Cybersecurity Rules Could Affect Private Companies Too

eSecurity Planet

Securities and Exchange Commission (SEC) strongly advised public companies to improve their cybersecurity. However, after minimal corporate adoption of stronger cybersecurity, the SEC has drafted rules to require more formal cybersecurity reporting and disclosure. Also read: What is Cybersecurity Risk Management?

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GUEST ESSAY: ‘CyberXchange’ presents a much-needed platform for cybersecurity purchases

The Last Watchdog

There is no shortage of innovative cybersecurity tools and services that can help companies do a much better job of defending their networks. alone, in fact, there are more than 5,000 cybersecurity vendors. All of this activity has put a strain on how companies buy and sell cybersecurity solutions.

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GhostTouch: how to remotely control touchscreens with EMI

Security Affairs

The researchers demonstrated how to inject two types of basic touch events, taps and swipes, into targeted locations of the touchscreen. The events allowed the researchers to control the devices (i.e. Security Affairs is one of the finalists for the best European Cybersecurity Blogger Awards 2022 – VOTE FOR YOUR WINNERS.

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HackerGPT 2.0 Unveils New AI Cyber Defense Strategies

eSecurity Planet

HackerGPT, first launched in 2023, is a ChatGPT-powered tool that merges AI technology with cybersecurity-focused expertise. in February 2024, it serves as an extensive repository of hacking tools and techniques to actively assist users in managing complex cybersecurity protection strategies. Launch of HackerGPT 2.0

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NEW TECH: A couple of tools that deserve wide use — to preserve the integrity of U.S. elections

The Last Watchdog

NormShield, the Vienna, VA-based, cybersecurity firm that supplies this service, recently ran scores for all of the 26 declared presidential candidates — and found the average cyber risk score to be B+. Beyond Simple Passwords : Provides detailed information on keeping strong passwords and deploying two-factor authentication.

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