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$8 million penalty to NYDFS – and another case of over-retention

Data Protection Report

On January 3, 2024, the New York Department of Financial Services announced a consent order with GGT, where GGT agreed to pay NYDFS $8 million and to surrender its BitLicense (for cryptocurrency trading), due to alleged violations of NYDFS’ cybersecurity and its virtual currency regulations.

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Record Retention is a Key Component of Your Privacy and Cyber Compliance Program

Data Protection Report

Likewise, the New York State Department for Financial Services regulations requires relevant entities to have appropriate record retention policies and procedures. A policy or standard needs to be set, which is then explained by training and is measured. How do you build an effective information governance program?

Privacy 144
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Ransomware Protection in 2021

eSecurity Planet

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. The most common way for criminals to infect an organization is by sending an email with a malicious link or attachment that an employee clicks on unwittingly to initiate an attack. Staff Awareness.

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Record Retention is a Key Component of Your Privacy and Cyber Compliance Program

Data Protection Report

Likewise, the New York State Department for Financial Services regulations requires relevant entities to have appropriate record retention policies and procedures. A policy or standard needs to be set, which is then explained by training and is measured. How do you build an effective information governance program?

Privacy 52
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#ModernDataMasters: Lewis Ownes, CEO Agile Solutions

Reltio

In the early days I worked in data transformation for data into banks through digital printing – amazing that I trained to do all these elaborate hand-crafted books and ended up doing cheque books! If you ask people about data management and all they talk about is governance then you know they are only being driven by regulation or a concern.

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LinkedIn to IPO in 2010? Facebook to Find a Business Model? | ZDNet

Collaboration 2.0

Google unplugs Windows Google decides that a security invasion from China was the last straw and bans the use of. Get it the way you want it ZDNet Newsletters Get the best of ZDNet delivered straight to your inbox Be a fan on Facebook Follow us on Twitter Watch us on YouTube Blogs From Our Sponsors Is a Disc Better Than a Link?

Paper 59
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The Hacker Mind Podcast: Going Passwordless

ForAllSecure

Is there something more secure? Simon Moffatt from CyberHut joins The Hacker Mind to discuss how identity and access management (IAM) is fundamental to everything we do online today, and why even multi-factor access, while an improvement, needs to yield to more effortless and more secure passwordless technology that’s coming soon.