2025 Financial Services Insurance 
Data Breach Today
SEPTEMBER 5, 2024
New EU Rules Focus on Operational Resilience, Breach Reporting and Third-Party Risk The Digital Operational Resilience Act aims to reshape the financial services industry by introducing strict cybersecurity standards. Financial institutions must comply with the new rules by Jan.
Hunton Privacy
JUNE 9, 2022
515 , making Vermont the twenty-first state to enact legislation based on the National Association of Insurance Commissioners Insurance Data Security Model Law (“MDL-668”). On May 27, 2022, Vermont Governor Phil Scott signed H.515 Information Security Program Requirements. Enforcement and Penalties Under the Law.
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Thales Cloud Protection & Licensing
JANUARY 16, 2024
Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. As set out in its Article 2, DORA applies to the entire financial services sector.
Data Protection Report
OCTOBER 17, 2024
On October 16, 2024, the New York Department of Financial Services (“NYDFS” or “DFS”) issued guidance raising awareness about combatting cybersecurity risks arising from artificial intelligence (“AI”) used by DFS licensees, such as insurers and virtual currency businesses. Data Inventories and Data Minimization.
Thales Cloud Protection & Licensing
OCTOBER 24, 2024
New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024 madhav Fri, 10/25/2024 - 06:09 The next major deadline for compliance with the updated cybersecurity rules from the New York State Department of Financial Services (NYDFS) is November 1, 2024.
eSecurity Planet
JUNE 16, 2022
trillion by 2025, according to the report Cyberwarfare in the C-Suite from Cybersecurity Ventures. Capital markets, insurance, financial services, and banking are now online. In 2015, global cyber crime had a cost of about $3 trillion, and the cost is expected to rise to $10.5 Other methods.
Info Source
MARCH 6, 2019
The enterprise segment was another growth driver with substantial wins in the financial services, insurance, transportation and logistics, and legal sectors. Overall spending is expected to reach $232 billion by 2025 compared to an estimated $12.4 billion today.
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