A new bill introduced by House Financial Services subcommittee Chairman Rep. Blaine Luetkemeyer would significantly change data security and breach notification standards for the financial services and insurance industries. ...more
9/11/2018
/ Banking Sector ,
Cybersecurity ,
Cybersecurity Framework ,
Data Protection ,
Data Security ,
Federal Breach Notification Standard ,
Financial Institutions ,
Financial Services Industry ,
Gramm-Leach-Blilely Act ,
Information Technology ,
Insurance Industry ,
Legislative Agendas ,
Personally Identifiable Information ,
Policies and Procedures ,
Popular ,
Preemption ,
Proposed Legislation ,
Risk Management
The New York Department of Financial Services (NYDFS) recently updated frequently asked questions (FAQs) about its cybersecurity regulations, 23 NYCRR 500, to address four new issues. NYDFS published its initial set of FAQs...more
7/17/2017
/ Banking Sector ,
Chief Information Security Officer (CISO) ,
Covered Entities ,
Cybersecurity ,
Cybersecurity Framework ,
Data Protection ,
Financial Institutions ,
Financial Services Industry ,
Insurance Industry ,
NYDFS ,
Personally Identifiable Information ,
Popular ,
Risk Management ,
Third-Party Risk
The Association of Corporate Counsel Foundation (ACC) released a State of Cybersecurity report on December 9, 2015. Ballard Spahr was the only law firm that served on the advisory board for the study and helped to formulate...more
The Association of Corporate Counsel Foundation (ACC) released a State of Cybersecurity report underwritten by Ballard Spahr on December 9, 2015. The report provides valuable insights on cybersecurity issues from more than...more
The New York Department of Financial Services (NYDFS) has distributed a letter to various federal and state regulatory agencies and associations proposing the development of new cybersecurity regulations for financial...more