Citing “escalating global conflict,” the New York Department of Financial Services issued an alert on Monday, June 22, 2025, to its regulated covered entities, urging them to be vigilant against potential security threats,...more
6/27/2025
/ Covered Entities ,
Cyber Attacks ,
Cybersecurity ,
Data Security ,
Financial Services Industry ,
Global Disputes ,
Multi-Factor Authentication ,
NYDFS ,
Phishing Scams ,
Ransomware ,
Regulatory Requirements ,
Reporting Requirements ,
Risk Assessment ,
Risk Management
On February 21, 2025, Dubai-based Bybit, one of the world’s leading cryptocurrency exchanges, suffered a massive security breach, resulting in the loss of approximately $1.5 billion in Ethereum (ETH). The incident, which is...more
3/14/2025
/ Anti-Money Laundering ,
Cryptocurrency ,
Cyber Attacks ,
Cybersecurity ,
Data Breach ,
Digital Assets ,
Financial Crimes ,
National Security ,
Popular ,
Regulatory Oversight ,
Securities and Exchange Commission (SEC)
Paul Hastings released its SEC Cyber Incident Disclosure Report today, providing a unique look at how public companies have responded to new incident disclosure requirements. The Securities Exchange Commission (SEC) approved...more
12/19/2024
/ Compliance ,
Cyber Attacks ,
Cyber Incident Reporting ,
Cybersecurity ,
Disclosure Requirements ,
Form 10-K ,
Form 10-Q ,
Form 8-K ,
Publicly-Traded Companies ,
Ransomware ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Whistleblowers
Securities and Exchange Commission (SEC) rules regarding cyber incident reporting and cybersecurity risk management, strategy, and governance, officially went into effect this week for most public companies....more