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Proposed Amendments to NY Financial Services Cybersecurity Regulations Impose New Obligations on Large Entities, Boards of Directors and CISOs

Hunton Privacy

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) posted proposed amendments (“Proposed Amendments”) to its Cybersecurity Requirements for Financial Services Companies (“Cybersecurity Regulations”). The risk assessments required by Section 500.9

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LockFile Ransomware uses a new intermittent encryption technique

Security Affairs

The operators behind LockFile ransomware encrypt alternate blocks of 16 bytes in a document to evade detection. Instead, LockFile encrypts every other 16 bytes of a document. This means that a file such as a text document remains partially readable and looks statistically like the original. ” states Sophos.

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Enterprise Architecture: Secrets to Success

erwin

operating strategy, global business services and shared services)? Cost Reduction : What can we do to reduce costs while not impacting the business (e.g., Data Overload : How do we find and convert the right data to knowledge (e.g., big data, analytics and insights)?

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Modernizing mainframe applications with a boost from generative AI

IBM Big Data Hub

IBM watsonx Code Assistant for Z looks across long-running program code bases to understand the intended business logic of the system. By decoupling commands and data, such as discrete processes, the solution refactors the COBOL code into modular business service components. Intellyx is editorially responsible for this document.

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NYDFS proposes significant cybersecurity regulation amendments

Data Protection Report

On July 29, 2022, the New York Department of Financial Services (NYDFS) announced a “pre-proposed outreach” of material proposed changes to almost every section of its cybersecurity regulations, and would affect each entity covered by the current regulations of 23 NYCRR Part 500. Asset inventories and Access Controls.