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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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NYDFS settles cybersecurity regulation matter for $3 million

Data Protection Report

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. NSC), relating to violations of three different requirements of the NYDFS cybersecurity regulation during the period 2018 to 2020. Training and monitoring materials.

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CyberheistNews Vol 13 #22 [Eye on Fraud] A Closer Look at the Massive 72% Spike in Financial Phishing Attacks

KnowBe4

That's right – the financial services industry, at least according to cybersecurity vendor Armorblox's 2023 Email Security Threat Report. According to the report, the financial services industry as a target has increased by 72% over 2022 and was the single largest target of financial fraud attacks, representing 49% of all such attacks.

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An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

* This article first appeared in In-House Defense Quarterly on April 3, 2018. More and more, directors are viewing cyber-risk under the broader umbrella of corporate strategy and searching for ways to help mitigate that risk. Aligning cyber risk with corporate strategy. Creating an enterprise-wide governance structure.

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Ransomware Protection in 2021

eSecurity Planet

With vulnerabilities rooted in unsuspecting users, the task of preventing these attacks means both staff training and a robust email and network security system that includes a strong backup program so you have a recent copy of your data that you can roll back to. Also Read: Best Encryption Tools & Software for 2021. Description.

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The Week in Cyber Security and Data Privacy: 15 – 21 January 2024

IT Governance

AI ICO launches consultation on generative AI and data protection The Information Commissioner’s Office has launched a consultation series on the application of data protection law to generative AI models, particularly in relation to the UK GDPR and Part 2 of the DPA 2018.

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Tuesday’s Relativity Fest 2019 Sessions: eDiscovery Trends

eDiscovery Daily

Speakers Include: Chris Dale – Founder, eDisclosure Information Project; Meribeth Banaschik – Partner / Forensics & Integrity Services, Ernst & Young GmbH; Kelly Friedman – National Counsel, Discovery Services, Borden Ladner Gervais LLP; Manfred Gabriel – Senior Counsel, Holland & Knight.