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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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Microsoft partnered with other security firms to takedown TrickBot botnet

Security Affairs

link] — Microsoft Security Intelligence (@MsftSecIntel) October 12, 2020. This action will result in protection for a wide range of organizations, including financial services institutions, government, healthcare, and other verticals from malware and human-operated campaigns delivered via the Trickbot infrastructure.”

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Tianfu Cup 2019 Day 1 – Chinese experts hacked Chrome, Edge, Safari, Office365

Security Affairs

Chinese white hat hackers have a long story of success, they won several international hacking contests in the past, but in 2018 the Chinese government prohibited Chinese experts in participating this kind of competition abroad. Since the decision of the Chinese Government, the TianfuCup was set up for the first time in the fall of 2018.

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An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

Increasingly, thought leaders, professional organizations, and government agencies are beginning to provide answers. Information security is not yet a science; outside of the handful of issues falling under the field of cryptography, there is no formalized system of classification. Aligning cyber risk with corporate strategy.