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

Data Matters

In the Order, the SEC alleges that First American’s disclosures concerning the vulnerability were deficient because senior executives were not provided all available and relevant information, specifically that First American’s information security personnel had identified and failed to remediate the vulnerability months earlier in January 2019.

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UK and U.S. Regulators Introduce New Breach Guidance, Notification Forms

Hunton Privacy

In recent weeks, regulators in California and Illinois have issued guidance on responding to data security breaches, while UK and California authorities released online forms for organizations to use when providing notification of a breach to regulators.

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White House Releases Cybersecurity Legislative Proposal

Hunton Privacy

On May 12, 2011, the White House released the long-expected cybersecurity legislative proposal in response to the need to protect Americans from cyber threats. Data Breach Notification – These provisions would establish a national data breach reporting system.

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UK FCA Consults on Changes to Strong Consumer Authentication, Dedicated Interfaces, and Guidance on Payment Services

Data Matters

Brexit triggered a significant onshoring of legislation to ensure that the UK continued to have a functioning financial services regulatory regime. The post UK FCA Consults on Changes to Strong Consumer Authentication, Dedicated Interfaces, and Guidance on Payment Services appeared first on Data Matters Privacy Blog.

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FFIEC Guidance on Authentication and Access to Financial Institution Services and Systems

Data Matters

The Guidance is not intended to serve as a comprehensive framework but rather provides financial institutions with examples of effective risk management practices without endorsing any specific information security framework or standard. inventory of digital banking services and customers.

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An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

A high-profile cyber incident may cause substantial financial and reputational losses to an organization, including the disruption of corporate business processes, destruction or theft of critical data assets, loss of goodwill, and shareholder and consumer litigation. Encrypting critical data assets. Managing digital identities.