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FDIC, FRB and OCC Issue Interagency Guidance on Third-Party Relationships

Hunton Privacy

On June 6, 2023, the Federal Deposit Insurance Corporation (“FDIC”), the Board of Governors of the Federal Reserve System (“FRB”) and the Office of the Comptroller of the Currency (“OCC”) issued their final Interagency Guidance on Third-Party Relationships (“Guidance”).

Risk 64
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The Week in Cyber Security and Data Privacy: 16–22 October 2023

IT Governance

Another small firm suffers a serious ransomware attack: Cadre Services gets mauled by AlphV Date of breach: 19 September 2013 (AlphV uploaded first part of data to its website on 19 October 2023). Breached organisation: Okta, security software company in California, US. Records breached: 91,000 individuals affected.

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Puerto Rico Health Insurer Reports Record Fine Following PHI Breach Incident

Hunton Privacy

Securities and Exchange Commission that its health insurance subsidiary, Triple-S Salud, Inc. Triple S”), which is Puerto Rico’s largest health insurer, will be fined $6.8 million for a data breach that occurred in September 2013. According to the 8-K, Triple S was notified of the pending sanctions on February 11, 2014.

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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

Information security products , services, and professionals have never been in higher demand, making for a world of opportunities for cybersecurity startups. With evolving attack methodologies due to machine learning, quantum computing, and sophisticated nation-state hackers, security startups are receiving record funding.