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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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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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CyberheistNews Vol 13 #13 [Eye Opener] How to Outsmart Sneaky AI-Based Phishing Attacks

KnowBe4

Your email filters have an average 7-10% failure rate; you need a strong human firewall as your last line of defense. Per the Ecuadorian government, these attacks were fueled by attempts to intimidate the media. I've written quite a few times about specific cyber insurance claim cases that required going to court to settle.

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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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Regulatory Update: NAIC Fall 2020 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. NAIC Adopts the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act. Insurance groups will be exempt from filing a GCC if.

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Best Fraud Management Systems & Detection Tools in 2022

eSecurity Planet

52% of companies with more than $10 billion in revenue were hit with fraud. Finally, it also is useful for companies looking for a governance, risk, compliance ( GRC ) solution. The healthcare industry is a similarly high-value target thanks to the incredibly sensitive personal details they keep on patients and customers.

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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

We’ll start with the top 10 overall and then look at other noteworthy startups in a number of markets. Top 10 Cybersecurity Startups. Series B Apiiro Security 2019 Tel Aviv, Israel 65 $35.0 Series A BluBracket 2019 Palo Alto, CA 27 $18.5 Series A Cycode 2019 Tel Aviv, Israel 56 $81.0 Series B SECURITI.ai