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NY Charges First American Financial for Massive Data Leak

Krebs on Security

According to a filing (PDF) by the New York State Department of Financial Services (DFS), the weakness that exposed the documents was first introduced during an application software update in May 2014 and went undetected for years.

Insurance 299
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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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Privacy and Cybersecurity Top 10 for 2018

Data Matters

We expect each of these trends to continue in 2018. As we begin this New Year, here is list of the top 10 privacy and cybersecurity issues for 2018: EU GDPR. The May 25, 2018 effective date for the EU’s General Data Protection Regulation (GDPR) will no doubt be a central focus of 2018. Data breach litigation risks.

Privacy 66
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U.S. and Foreign Cybersecurity and Intelligence Agencies Recommend Measures to Counteract Threat of Russian Cyberattacks

Data Matters

Other government agencies, like the New York Department of Financial Services and the Federal Trade Commission, are also increasingly focused on the need for broad implementation of MFA. Like an incident response plan, MFA has become a critical element of cybersecurity programs.

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Kofax Declares 2018 the Year of the Robot

Info Source

With interest in RPA technology and demand for Kapow at an all-time high, Kofax has declared 2018 the Year of the Robot. . Kofax certified more than 165 resellers in its global channel partner program to address increasing demand for RPA software, particularly in the financial services and logistics sectors.

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Mysterious custom malware used to steal 1.2TB of data from million PCs

Security Affairs

million Windows systems between 2018 and 2020. million files and 26 million credentials, 11 million unique email addresses, and 2 billion web login cookies, researchers pointed out that 22% of the web login cookies were still valid at the time of the discovery of the archive. terabyte of stolen data. The database includes 6.6

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Regulatory Update: NAIC Summer 2018 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. The Task Force aims to complete the white paper by the fall of 2018. This post summarizes the highlights from this meeting.