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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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New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

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The Impact of Data Protection Laws on Your Records Retention Schedule

ARMA International

The purpose of this article is to remove the fear and intimidation of domestic and global data protection laws and show how these laws and requirements are consistent with the existing objectives of your records retention schedule and information governance policy. 10 California Privacy Rights Act (CPRA). 2016/679, Art. 2016/679, Art.

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Regulatory Update: NAIC Summer 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

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Ransomware Protection in 2021

eSecurity Planet

Below we outline 18 industry tips for actions you can take to reduce your risk of a ransomware attack: Action. Only 38% of state and local government employees are trained for ransomware prevention, and only 29% of small businesses have experience with ransomware ( IBM ). Preventing ransomware. Description. Staff Awareness. Statistics.

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The Week in Cyber Security and Data Privacy: 4 – 10 March 2024

IT Governance

Source (New) Finance USA Yes 3,494 Woodruff Sawyer Source (New) Insurance USA Yes 3,087 Blackburn College Source (New) Education USA Yes 3,039 CAIRE Inc. million for security failings relating to a 2018 cyber attack on its mobile banking platform. UniCredit fined €2.8

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The Week in Cyber Security and Data Privacy: 15 – 21 January 2024

IT Governance

More than 10 million lines of Pastelería Mozart customer data apparently posted on dark web The Ynnian hacking group has posted 10,870,525 lines of data on the dark web, apparently originating from Pastelería Mozart, a popular bakery chain in Chile. VF Corporation confirms 35.5 million customers’ data. Data breached: 35,500,000 records.