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.

Cybersecurity 190

Cybersecurity Financial Services Insurance Risk 190

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.

Artificial Intelligence 56

Artificial Intelligence Financial Services Risk Cybersecurity 56

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.

Financial Services 83

Financial Services Cloud Cybersecurity Encryption 83

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.

Insurance 107

Insurance Security Information Security Cybersecurity 107

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.

Cybersecurity 62

Cybersecurity Financial Services Encryption Compliance 62

Data Protection Report

OCTOBER 23, 2024

Although most of the regulation will take effect in one year, on October 2, 2025, the requirement that covered hospitals provide notice to DOH within 72 hours of a “Cybersecurity incident” (which can include third party incidents) went into effect upon publication.

Cybersecurity 45

Cybersecurity Risk Access Financial Services 45

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.

Unstructured data 49

Unstructured data Digital transformation Marketing Financial Services 49