Data Matters

AUGUST 19, 2020

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.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

IBM Big Data Hub

JANUARY 10, 2024

Hybrid cloud has become the dominant approach for enterprise cloud strategies , but it comes with complexity and concerns over integration, security and skills. Hybrid cloud is also forcing a significant rethinking of how to secure and protect data and assets.

Security 78

Security Cloud Data Privacy Financial Services 78

IBM Big Data Hub

JANUARY 12, 2024

For enterprises dealing with sensitive information, it is vital to maintain state-of-the-art data security in order to reap the rewards,” says Stuart Winter, Executive Chairman and Co-Founder at Lacero Platform Limited, Jamworks and Guardian. . “AI is driving a revolution in education, accessibility and productivity.

Cloud 105

Cloud Data Privacy Encryption Privacy 105

AIIM

OCTOBER 15, 2018

In a recent AIIM webinar, Craig Le Clair, Forrester VP and Principle Analyst, and Florian Vondal, Allianz Solution Architect, took a closer look at the “esign of the times” and what must be considered when attempting to accelerate e-signature adoption enterprise-wide and meet global compliance.

Compliance 109

Compliance Insurance Digital transformation Authentication 109

IBM Big Data Hub

DECEMBER 18, 2023

For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.

Cloud 71

Cloud Financial Services Compliance Digital transformation 71

Data Protection Report

AUGUST 2, 2022

In our previous publication , we discussed the legal obligations and procedural considerations surrounding maintaining records of privacy incidents. Organizations should also be aware of sector-specific statutory obligations which may apply to them, for example in health or financial services industries.

Compliance 137

Compliance Privacy Risk Financial Services 137

The Schedule

AUGUST 22, 2018

Nearly 200 peers came together last Friday in Washington, DC, for the joint meeting of the Acquisitions & Appraisal and Records Management Sections. I’ll leave A&A to report on their part of the meeting; here’s a summary of the RMS portion of business along with notes on the speakers that were invited by these groups.

Archiving 58

Archiving FOIA Records Management Compliance 58

Data Matters

SEPTEMBER 4, 2019

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 Summer Meeting was highlighted by the following activities. Under Regulation Best Interest (Regulation BI), as adopted by the U.S.

Insurance 68

Insurance Paper Risk Analytics 68

The Last Watchdog

JUNE 15, 2023

The World Wide Web Consortium today announced a standardization milestone for a new browser capability that helps to streamline user authentication and enhance payment security during Web checkout. Publication of Secure Payment Confirmation as a Candidate Recommendation indicates that the feature set is stable and has received wide review.

Authentication 100

Authentication Communications Financial Services Retail 100

eSecurity Planet

SEPTEMBER 10, 2021

From the very beginning of the cloud computing era, security has been the biggest concern among enterprises considering the public cloud. In addition, 95 percent of survey respondents confirmed that they are extremely to moderately concerned about public cloud security. What is cloud security?

Cloud 104

Cloud Security Encryption Risk 104

Collibra

JANUARY 31, 2023

The impact of regulation Growing regulation makes data privacy, protection, and transparency non-negotiable. Privacy and protection regulations are growing in numerous industries (such as financial services) and geographic regions (including the EU, Australia, California, and Nevada). Finally, Collibra is secure.

Digital transformation 77

Digital transformation Data Privacy Privacy Cloud 77

Collibra

FEBRUARY 11, 2020

Regulators are focusing on the data relationships financial services organizations have with third parties, including how well personal information is being managed. There are several areas that the international financial services regulatory community is engaged in that touch on third party personal data relationships.

Financial Services 59

Financial Services Digital transformation Personal data Compliance 59

Thales Cloud Protection & Licensing

NOVEMBER 27, 2018

The cybersecurity regulation ( 23 NYCRR 500 ) adopted by the New York State Department of Financial Services (NYDFS) is nearly two years old. Leading up to that date, companies have had to meet several milestones including hiring a CISO, encrypting all its non-public consumer data and enabling multi-factor authentication.

Cybersecurity 71

Cybersecurity Financial Services Encryption Data Privacy 71

IT Governance

AUGUST 26, 2021

Employees can again meet face-to-face and will feel less isolated, and employers can make sure staff are staying on top of their workload. Protecting employees’ privacy. For example, financial services firms may be worried about employees breaching insider trading laws. There are clear benefits. Preventing data breaches.

Compliance 119

Compliance Data breaches Privacy Risk 119

Thales Cloud Protection & Licensing

APRIL 1, 2021

Today’s remote working environment relies heavily on the collaborative sharing of information, challenging organizations to maintain the security of confidential data and regulatory compliance while driving employee productivity. Enhanced control and security over sensitive data in Microsoft Azure with Luna HSMs.

Encryption 79

Encryption Compliance Cloud GDPR 79

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147

Risk Financial Services Insurance Cybersecurity 147

Data Protection Report

FEBRUARY 8, 2022

The latter is the 2019 data security law known as the Stop Hacks and Improve Electronic Data Security (SHIELD) Act. EyeMed’s privacy policy stated that the company would “follow generally accepted industry standards to protect the personal information submitted to us, and to guard that information against loss, misuse or alteration.

Passwords 98

Passwords Financial Services Authentication Insurance 98

Data Protection Report

OCTOBER 1, 2019

Although California has recently captured the lion’s share of attention with respect to privacy and security, on October 23, 2019, New York’s amended security breach law goes into effect, and on March 1, 2020, new security safeguards go live (N.Y. Readers may recall that New York’s security breach notification law (N.Y.

Security 40

Security Financial Services Passwords Risk 40

Data Protection Report

OCTOBER 24, 2022

On October 18, 2022, the New York Department of Financial Services announced a settlement with EyeMed, a licensed life, accident, and health insurer, with respect to a security incident that occurred in 2020. The settlement requires EyeMed to pay $4.5 million, among other things. Background. million. 23 NYCRR § 500.13.

Cybersecurity 52

Cybersecurity Personal data Risk Financial Services 52

Data Matters

SEPTEMBER 12, 2018

As part of the public discussion, the Commission, the European Securities and Markets Authority (ESMA), the European Banking Authority (EBA) and the UK Financial Conduct Authority (FCA) were present to provide their thoughts. 2 The meeting was recorded for the public record and is available to view online at [link].

Financial Services 68

Financial Services Marketing Privacy IT 68

Security Affairs

MARCH 18, 2019

One of the main reason why companies are launching security centric features is, they value their customer’s data, privacy and security. They can share chats, files and other data , all while still meeting their own risk mitigation requirements. What are the security risks of Slack? Is Slack safe to use?

Encryption 74

Encryption Risk Financial Services Privacy 74

Preservica

SEPTEMBER 27, 2017

The theme was data protection and privacy, so naturally GDPR compliance was a hot topic amongst the 150 invited Simmons & Simmons clients that included Corporate Lawyers and General Counsels from major corporations across industries ranging from Financial Services to Technology, Media and Telecommunications.

GDPR 40

GDPR Compliance Financial Services Privacy 40

Thales Cloud Protection & Licensing

NOVEMBER 16, 2020

Given this, healthcare organizations need to advance their security efforts to adapt to this shifting environment. and GDPR in the EU dictating strong security controls for safeguarding medical data and sensitive personal patient data. Data security is important in a multi-cloud world. ransomware). of total budget.

Digital transformation 62

Digital transformation Encryption Cloud Data breaches 62

Hunton Privacy

NOVEMBER 10, 2016

The impetuses for the survey were the many significant changes the GDPR will bring to companies’ management and processing of personal data, their privacy compliance programs and their IT systems and infrastructure. The GDPR replaces Directive 95/46/EC and will become applicable in May 2018.

GDPR 45

GDPR Data Privacy Compliance Privacy 45

IBM Big Data Hub

APRIL 11, 2024

A cloud-based infrastructure that uses IBM Cloud® for Financial Services can be the answer to ensure the security, privacy and flexibility needed to keep up with these changes in the industry. Privacy and data security are the primary concerns regarding AI in instant payments transactions.

Cloud 65

Cloud Financial Services Privacy Compliance 65

HL Chronicle of Data Protection

MARCH 14, 2019

The Federal Trade Commission (“FTC”) issued notices on March 5 seeking public comment on proposed amendments to the regulations implementing the Gramm-Leach-Bliley Act (“GLBA”), commonly known as the Safeguards Rule and Privacy Rule. It includes general, high level elements of a security program, but lacks detailed security steps.

Privacy 40

Privacy Risk Cybersecurity Information Security 40

ARMA International

DECEMBER 26, 2019

The top objection to using the cloud for digital records continues to be potential privacy or security concerns – no change from 2017. 2020 Means New Responsibilities for RIM Professionals – Privacy, Preservation, People. Data protection and privacy laws have also disrupted the role of the RIM professional.

Content services 76

Content services Cloud Records Management Privacy 76

Data Matters

DECEMBER 28, 2020

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. This Sidley Update summarizes the highlights from this meeting in addition to interim meetings that were held during November in lieu of taking place during the Fall Meeting.

Insurance 68

Insurance Paper Risk Analytics 68

Shoreline Records Management

AUGUST 21, 2023

With the advent of electronic health records (EHRs) and the increasing emphasis on data security and accessibility, the role of offsite medical records storage has become paramount, especially in the context of physicians’ responsibilities as they seek to close their practice.

Records Management 26

Records Management Paper Compliance Access 26

CGI

AUGUST 16, 2019

To meet them, financial institutions must offer credit interactions that are accurate, timely, convenient, secure and confidential. . Leading financial institutions are wisely leaving the world of isolated, one-off credit transactions behind. Today’s market leaders know, however, that change is unavoidable.

Digital transformation 63

Digital transformation Artificial Intelligence Analytics Marketing 63

IBM Big Data Hub

FEBRUARY 23, 2024

Enterprises can use NLU to offer personalized experiences for their users at scale and meet customer needs without human intervention. When you choose the right platform for your conversational AI, make sure your choice is scalable, secure and compatible with existing systems.

Analytics 107

Analytics Artificial Intelligence Marketing Education 107

eSecurity Planet

JANUARY 21, 2021

Data privacy regulations like the EU’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) can be hard to navigate for businesses of any size, but GRC tools can simplify and streamline compliance with all of the requirements. IT governance and security. Audit management. Riskonnect.

Compliance 67

Compliance Risk Government Retail 67

IT Governance

MARCH 11, 2024

Source (New) Transport USA Yes 3,815 Okta Source 1 ; source 2 (Update) Cyber security USA Yes 3,800 Shah Dixit & Associates, P.C. million for security failings relating to a 2018 cyber attack on its mobile banking platform. UniCredit fined €2.8 about the recent rise in Facebook and Instagram account takeovers by scammers.

Data Privacy 87

Data Privacy Privacy Security Data breaches 87

Hunton Privacy

JANUARY 3, 2017

On December 28, 2016, the New York State Department of Financial Services (“DFS”) announced an updated version of its cybersecurity regulation for financial institutions (the “Updated Regulation”). The Updated Regulation will become effective on March 1, 2017.

Cybersecurity 40

Cybersecurity Financial Services Authentication Information Security 40

Hunton Privacy

JULY 17, 2015

The guidelines, as proposed, would require such software to be registered with the Ministry of Communications and Information Technology and meet certain requirements for security and reliability. One potential weakness of the guidelines is their failure to define “public services.” 82 of 2012.

Personal data 40

Personal data Archiving Financial Services Communications 40

eSecurity Planet

JANUARY 21, 2021

Data privacy regulations like the EU’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) can be hard to navigate for businesses of any size, but GRC tools can simplify and streamline compliance with all of the requirements. IT governance and security. Audit management. Riskonnect.

Compliance 57

Compliance Risk Government Retail 57

KnowBe4

FEBRUARY 14, 2023

[link] Spear Phishing Attacks Increase 127% As Use of Impersonation Skyrockets Impersonation of users, domains and brands is on the rise, as is the use of malicious links, in response to security vendors improving their ability to detect malicious attachments. Blog post with links: [link] Are Your Users Making Risky Security Mistakes?

Phishing 81

Phishing Security awareness Compliance Risk 81