Header graphic for print
HL Chronicle of Data Protection Privacy & Information Security News & Trends

Tag Archives: financial cybersecurity

Posted in News & Events

Privacy and Cybersecurity May 2018 Events

Join us this month as our Privacy and Cybersecurity team will discuss medical device cybersecurity preparedness and response, employee monitoring, IoT’s impact on health care, and key legal and compliance issues for insider threat programs.

Posted in Cybersecurity & Data Breaches

New York Department of Financial Services Previews Rigorous Cybersecurity Rules for Financial Sector

On November 9, 2015, Anthony Albanese, Acting Superintendent of the New York State Department of Financial Services, issued a letter to a wide array of federal and state financial services regulators that are part of the Financial and Banking Information Infrastructure Committee. The FBIIC members work together to enhance the reliability and security of financial sector infrastructure. Mr. Albanese’s letter outlines potential new cybersecurity regulations that would impact NYDFS-regulated financial institutions. The letter, which follows numerous steps taken by the NYDFS in recent years to better understand and mitigate cybersecurity risks, further positions the NYDFS as a leading regulator on cybersecurity issues in the U.S., particularly with respect to the financial sector. While no precise timeline was specified for enacting the potential regulations outlined, it appears likely that the NYDFS may formally propose comprehensive cybersecurity regulations in the months ahead.