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U.S. Imposes Ban on Russia’s Kaspersky; Sanctions 12 Executives

eSecurity Planet

Treasury Department recently took a significant step by sanctioning 12 of the company’s top executives. In 2017, allegations surfaced that Kaspersky had collaborated with Russian intelligence agencies in the past. These factors ultimately led to the 2017 ban on Kaspersky products for use by U.S. Additionally, some U.S.

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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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Top 12 Cloud Security Best Practices for 2021

eSecurity Planet

Top 12 best practices for cloud security. Organizations that collect personally identifiable information (PII) like those in retail, healthcare, and financial services face strict regulations when it comes to customer privacy and data security. This article was originally published on May 24, 2017. Enable security logs.

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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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Scary Fraud Ensues When ID Theft & Usury Collide

Krebs on Security

” According to the Native American Financial Services Association (NAFSA), a trade group in Washington, D.C. According to Buckley LLP , a financial services law firm based in Washington, D.C., As this is an ongoing criminal investigation, we can make no additional comment at this time.”

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NYDFS settles cybersecurity regulation matter for $3 million

Data Protection Report

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. Readers may recall that NYDFS’ cybersecurity regulation went into effect in March of 2017. NSC reported a second cybersecurity event to NYDFS on May 12, 2020.

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Alleged SIM Swapper Arrested in California

Krebs on Security

He reported that approximately 28 SIM swaps were conducted using the same employee ID number over an approximately two-week time period in November 2017. I contacted the victim who verified that some of his accounts had been “hacked” in late 2017 but said he did not suffer any financial loss.