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New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024

Thales Cloud Protection & Licensing

New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024 madhav Fri, 10/25/2024 - 06:09 The next major deadline for compliance with the updated cybersecurity rules from the New York State Department of Financial Services (NYDFS) is November 1, 2024.

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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 cyber attack hit Nissan Oceania

Security Affairs

“The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. In December 2017, Nissan Finance Canada was hacked , personal information of 1.13 ” reads the statement published by the company on its website.

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Nissan Oceania data breach impacted roughly 100,000 people

Security Affairs

The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. Current estimates are that up to 10% of individuals have had some form of government identification compromised. reads the statement published by the company on its website.

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Privacy and Cybersecurity Top 10 for 2018

Data Matters

As we begin this New Year, here is list of the top 10 privacy and cybersecurity issues for 2018: EU GDPR. Smaller infringements, such as an organization’s failure to have their records in order, could result in fines of up to 2 percent of annual global turnover or €10 million (whichever is greater). Supreme Court Developments.

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Market Leading Cybersecurity and National Security Lawyers David Lashway and John Woods Join Sidley in Washington, D.C.

Data Matters

Mr. Lashway and Mr. Woods join Sidley from Baker McKenzie where they started and led the global cybersecurity practice group for over 10 years. He is one of the few lawyers who has led multiple global responses to data integrity attacks involving the financial services industry.

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NYDFS settles cybersecurity regulation matter for $1.8 million

Data Protection Report

On May 13, 2021, the New York Department of Financial Services (NYDFS) announced a $1.8 Readers may recall that NYDFS’ cybersecurity regulation went into effect in March of 2017. Readers may recall that NYDFS’ cybersecurity regulation went into effect in March of 2017. NYDFS Cybersecurity Regulation.