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SEC Announces Settled Charges Against First American for Cybersecurity Disclosure Controls Failures – Lessons Learned

Data Matters

On June 15, 2021, the SEC announced settled charges against First American Title Insurance Company (First American) for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information. SEC Statement and Guidance on Public Company Cybersecurity Disclosures.

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List of Data Breaches and Cyber Attacks in 2023

IT Governance

Meanwhile, you can subscribe to our Weekly Round-up to receive the latest cyber security news and advice delivered straight to your inbox. IT Governance is dedicated to helping organisations tackle the threat of cyber crime and other information security weaknesses. With that out of the way, it’s time to move on to May 2023.

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Government survey reveals GDPR awareness is falling short

IT Governance

The Cyber Security Breaches Survey 2018 from the Department for Digital, Culture, Media and Sport (DCMS) has revealed that only 38% of businesses and 44% of charities have heard of the General Data Protection Regulation (GDPR). This is a worrisome finding, as it is only a matter of months until the new Regulation is enforced.

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

KnowBe4

The next layer in your defense should be a user that's properly educated using security awareness training to easily identify financial fraud and other phishing-based threats, stopping them before they do actual damage. Your email filters have an average 7-10% failure rate; you need a strong human firewall as your last line of defense.

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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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List of data breaches and cyber attacks in February 2019 – 692,853,046 records leaked

IT Governance

500px reveals 2018 breach that exposed user data. Eskom data leak exposes sensitive customer informationSecurity researcher. Outdated software left municipal worker information exposed in 200 towns. Possibility of data breach with mySalam health insurance scheme, Perkasa claims.

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SEC Chair: Sweeping New Cybersecurity Rules Are Coming Soon

Data Matters

For example, SEC guidance from 2018 emphasizes that there is a range of factors that may affect whether an incident should be disclosed to investors beyond the bottom-line financial costs to respond to the incident. 26, 2018), available at [link]. Public Companies and Service Providers. 20, 2021), [link]. 4 See Alan Raul et al.,