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Data Protection in Financial Services Week 2022

Data Matters

Sidley and OneTrust DataGuidance are pleased to announce that registration is now open for their annual Data Protection in Financial Services (DPFS) Week. Join us from February 28 – March 3 for DPFS Week 2022 , a series of webinars looking at the impacts of data privacy across the financial sector.

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Security Compliance & Data Privacy Regulations

eSecurity Planet

Regulatory compliance and data privacy issues have long been an IT security nightmare. GDPR, the EU’s flagship data privacy and “right to be forgotten” regulation, has made the stakes of a data breach higher than ever. GDPR-style data privacy laws came to the U.S. GDPR-style data privacy laws came to the U.S.

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The Week in Cyber Security and Data Privacy: 6 – 12 November 2023

IT Governance

On 14 September, Mulkay discovered that the compromised files contained personal information, including “name, address, date of birth, Social Security number, driver’s license number or state ID, medical treatment information, and health insurance information”. Some patients also had their Social Security numbers exposed.”

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NYDFS Amends Cybersecurity Rules for Financial Services Companies

Hunton Privacy

On November 9, 2022, the New York Department of Financial Services (NYDFS) released its second, proposed amendments to the Part 500 Cybersecurity Rule. Covered Entities must have a monitoring process that ensures prompt notification of any new security vulnerabilities. Cybersecurity Governance.

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Market Leading Cybersecurity and National Security Lawyers David Lashway and John Woods Join Sidley in Washington, D.C.

Data Matters

Sidley announced today that David Lashway and John Woods have joined as partners in the firm’s Privacy and Cybersecurity practice in Washington, D.C. Adding significant bench strength to our Chambers-ranked Privacy and Cybersecurity practice is a win for Sidley and our clients,” said Yvette Ostolaza, Sidley’s Management Committee Chair.

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Building for operational resilience in the age of AI and hybrid cloud

IBM Big Data Hub

For highly regulated industries, these challenges take on an entirely new level of expectation as they navigate evolving regulatory landscape and manage requirements for privacy, resiliency, cybersecurity, data sovereignty and more. This means actively minimizing downtime and closing gaps in the supply chain to remain competitive.

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CFPB’s Proposed Data Rules

Schneier on Security

Beyond these economic effects, the rules have important data security benefits. The CFPB’s rules align with a key security idea: the decoupling principle. When you get a car loan or a house mortgage, that information, along with your Social Security number and other sensitive data, is also shared with unknown third parties.