New York’s Department of Financial Services releases proposed guidance on AI and other data sources in insurance underwriting and pricing — and you’ll note plenty of influence from Colorado’s governance regulation and the...more
Recent activity by the New York Department of Financial Services (NYDFS) and the Securities and Exchange Commission (SEC) highlight the continued focus by government regulators on cybersecurity. As these and other regulators...more
11/17/2023
/ Corporate Governance ,
Cybersecurity ,
Data Breach ,
Data Security ,
Financial Regulatory Reform ,
Financial Services Industry ,
NYDFS ,
Popular ,
Regulatory Agenda ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Securities Litigation
Recent enforcement actions and announcements show that state and federal regulators are continuing to focus intensely on cybersecurity and data protection. Notably, the New York Department of Financial Services (“NYDFS”)...more
7/18/2023
/ Consent Order ,
Cybersecurity ,
Data Privacy ,
Data Protection ,
Enforcement ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
New York ,
NYDFS ,
Popular ,
Settlement ,
State and Local Government ,
State Data Privacy Laws
A recent consent order between the New York State Department of Financial Services (“NYDFS”) and cryptocurrency trading platform, bitFlyer USA (“bitFlyer”), shows that the NYDFS continues to utilize an aggressive enforcement...more
6/21/2023
/ Civil Monetary Penalty ,
Consent Order ,
Cryptocurrency ,
Cyber Attacks ,
Cybersecurity ,
Enforcement Actions ,
Financial Services Industry ,
Information Technology ,
New York ,
NYDFS ,
Regulatory Requirements ,
Regulatory Violations ,
Technology