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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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NY Department of Financial Services Issues Guidance to Regulated Entities Regarding Cybersecurity During the COVID-19 Pandemic

Hunton Privacy

On April 13, 2020, the New York Department of Financial Services (“NYDFS”) issued guidance (“April guidance”) to all New York State entities covered under NYDFS’s cybersecurity regulation regarding assessing and addressing heightened cybersecurity risks due to the COVID-19 pandemic.

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Ragnar Locker ransomware group breached at least 52 organizations across 10 critical infrastructure sectors

Security Affairs

The US Federal Bureau of Investigation (FBI) and CISA published a flash alert to warn that the Ragnar Locker ransomware gang has breached the networks of at least 52 organizations across 10 critical infrastructure sectors. Follow me on Twitter: @securityaffairs and Facebook. Pierluigi Paganini.

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Hindsight is 2020. Looking back so we can move forward

Thales Cloud Protection & Licensing

2020 ends a decade, and the new year prompted me to think “Wow it’s been two decades since we started Vormetric.” So, in 2020 we’re looking at frontiers like the cloud and cloud native technologies (including microservices). The post Hindsight is 2020. And the mission we started then still applies now.

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FBI obtained 7,000 LockBit decryption keys, victims should contact the feds to get support

Security Affairs

Khoroshev, AKA LockBitSupp, who thrived on anonymity and offered a $10 million reward to anyone who could reveal his identity, will now be subject to a series of asset freezes and travel bans.” on January 5, 2020. reads the press release published by NCA. continues the NCA.

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Top 10 Governance, Risk and Compliance (GRC) Vendors

eSecurity Planet

Archer was named a Leader in Gartner’s 2020 Magic Quadrant for IT risk management and IT vendor risk management tools. Additionally, Forrester named it a Contender in its Q1 2020 GRC Wave. Financial reporting compliance. Plus, Forrester named it a Leader in its Q1 2020 GRC Wave. See our in-depth look at RSA Archer.

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NYDFS Imposes Fine of $5 Million on Carnival for Cybersecurity Breaches

Hunton Privacy

On June 24, 2022, the New York State Department of Financial Services (“NYDFS” or the “Department”) announced it had entered into a $5 million settlement with Carnival Corp.