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The NYDFS’ 23 NYCRR Part 500 has been updated to reflect the current preventative and responsive measures necessary for FinancialServices org to be ready for cyber attacks.
The Federal Bureau of Investigation (FBI) published a joint cybersecurity advisory warning of AvosLocker ransomware attacks targeting multiple US critical infrastructure. The advisory was published in coordination with the US Treasury Department and the Financial Crimes Enforcement Network (FinCEN). Consider installing and using a VPN.
On November 9, 2022, the New York Department of FinancialServices (NYDFS) released its second, proposed amendments to the Part 500 Cybersecurity Rule. The proposed amendments revise several aspects of the draft Cybersecurity Rule amendments released on July 29, 2022. Cybersecurity Plan.
implement a securityawareness and training program for all workforce members pursuant to the HIPAA Security Rule. periodically examine the strength and effectiveness of their cybersecurity practices and increase or add security controls to reduce risk as appropriate pursuant to the HIPAA Privacy Rule.
In one very recent caper, the attackers targeted the CFO of a financialservices firm, as he worked from home, Sherman says. This is why it is important to build employee training for consumer IoT devices into securityawareness training programs.” The attackers successfully got a foothold on the exec’s MacBook.
A leader tasked with cybersecurity can get ahead of the game by understanding where we are in the story of machine learning (ML) as a hacking tool," Tyson writes. "At At present, the most important area of relevance around AI for cybersecurity is content generation. Securityawareness training still has a place to play here."
Recent guidance from the Securities and Exchange Commission (SEC) on disclosure and enforcement actions by the Federal Trade Commission (FTC) make clear that cybersecurity is no longer a niche topic, but a concern significant enough to warrant the oversight of corporate boards of directors. Adopting the NIST Cybersecurity Framework.
Perhaps more importantly, do you know how effective new-school securityawareness training is as a mission-critical layer in your security stack? million simulated phishing security tests. Get tricked into giving away their credentials or download malware? million users across 35,681 organizations with over 32.1
In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.
This means you have a bunch of users that unwittingly follow a set of unusual and unnecessary clicks that they should know better than to follow – something they learn very quickly if they are enrolled in new-school securityawareness training. Blog post with links: [link] Are Your Users Making Risky Security Mistakes?
The proposed Rule will also require multi-factor authentication for any individual accessing customer information, but, unlike the NYDFS which imposed a similar requirement in the Cybersecurity Regulation, the FTC declined to endorse text messages as a permitted second factor. Employee training.
That's right – the financialservices industry, at least according to cybersecurity vendor Armorblox's 2023 Email Security Threat Report. Blog post with links: [link] [Live Demo] Ridiculously Easy SecurityAwareness Training and Phishing Old-school awareness training does not hack it anymore.
Related: Reaction to Biden ‘s cybersecurity executive order. Microsoft said it notified the targeted 150 organizations, which included “IT companies (57%), followed by government (20%), and smaller percentages for non-governmental organizations and think tanks, as well as financialservices.” Simple techniques.
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