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The FCC imposes $200 million in fines on four US carriers for unlawfully sharing user location data

Security Affairs

Verizon , on the other hand, faces a proposed fine exceeding $48 million, and Sprint faces a proposed fine of more than $12 million due to the actions taken by the FCC. The FCC also admonished these carriers for apparently disclosing their customers’ location information, without their authorization, to a third party.”

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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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SEC Chair: Sweeping New Cybersecurity Rules Are Coming Soon

Data Matters

Establish and Implement Proper Policies and Procedures: The orders against First American and Pearson highlight the importance of maintaining policies and procedures for the reporting of security incidents and patching as well as the proper training of personnel under these policies and procedures.

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An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

Information security is not yet a science; outside of the handful of issues falling under the field of cryptography, there is no formalized system of classification. The most prepared cybersecurity programs of today will not attempt to implement a static, “out-of-the-box” solution to cyber risk. Principle 5.