We have reached the end of the COVID tolling window for personal injury cases. Any personal injury complaints that accrued during the 228-day tolling period from March 20, 2020, through Nov. 3, 2020, that have not yet been...more
On Oct. 13, 2023 the U.S. Supreme Court granted certiorari in Cantero v. Bank of America, 49 F.4d 121 (2d Cir. 2022), allowing the Court to confront an unsettled issue of national concern: whether laws governing mortgage...more
A portion of the New York State Human Rights Law prohibiting landlords from discriminating against potential tenants based on their source of income, forcing landlords to participate in Section 8, was found unconstitutional....more
Trustees face added risk of litigation during times of economic trouble. After the dot-com bubble burst in 2001, and mortgage defaults led to crisis in 2008, trust beneficiaries and others pointed their fingers at individual...more
The deadline to implement state mandated minimum cybersecurity requirements has arrived. Last July, Governor Cuomo signed the Stop Hacks and Improve Electronic Data Security Act (SHIELD Act) into law. ...more
As you likely already know, on July 25, 2019, Governor Cuomo signed into law the New York Stop Hacks and Improve Electronic Data Security Act (“SHIELD” or “the Act”). Imbedded in the dense text of the Act are upcoming...more
On July 25, 2019, Governor Cuomo signed the Stop Hacks and Improve Electronic Data Security Act (SHIELD Act) into law. The SHIELD Act establishes new minimum security requirements for all persons and entities, both for-profit...more
Since 2005, New York State has required businesses operating in the State to report the breach of customers’ and employees’ private information to individuals affected by the breach and to state authorities.1 On July 25,...more
New York’s cybersecurity regulations (“Regulations”) set forth rolling deadlines, with some of the most significant mandates coming into play on September 1, 2018. Issued by the Department of Financial Services (“DFS”), and...more
8/29/2018
/ Banking Sector ,
Chief Information Security Officer (CISO) ,
Covered Entities ,
Cybersecurity ,
Data Protection ,
Financial Institutions ,
Financial Services Industry ,
Insurance Industry ,
NYDFS ,
Popular ,
Risk Assessment
On February 16, 2017, the New York State Department of Financial Services ("DFS") issued final cybersecurity regulations (the "Final Regulations"), with extensive requirements for cybersecurity programs by entities regulated...more
Last month, Bond, Schoeneck & King sought an exemption from cybersecurity regulations proposed by the New York State Department of Financial Services (DFS) for colleges, universities and other charitable organizations that...more
On September 13, 2016, the New York State Department of Financial Services (DFS) issued proposed cybersecurity regulations (Proposed Regulations) that would impose significant new obligations on all organizations covered by...more
On September 16, 2016 we informed you of new proposed cybersecurity regulations that would cover all entities regulated by the New York State Department of Financial Services (DFS).
On December 28, 2016, DFS released...more
Following a public comment period, the New York State Department of Financial Services (DFS) has published a modified version of new regulations, previously issued on September 13, 2016, aimed at creating higher cybersecurity...more
1/9/2017
/ Banking Sector ,
Colleges ,
Comment Period ,
Covered Entities ,
Cybersecurity ,
Educational Institutions ,
Financial Services Industry ,
Insurance Industry ,
NYDFS ,
Proposed Regulation ,
Universities
A recent amendment to Federal Rule of Civil Procedure 37(e) abrogates a series of federal court decisions that imposed harsh "adverse inference" sanctions on litigants that failed to initiate litigation holds to preserve...more