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Cyber Incident Reporting for Critical Infrastructure Act - What Companies Need to Know Now

The Cyber Incident Reporting for Critical Infrastructure Act (“CIRCIA” or “the Act”) is a new federal law, adopted in March 2022, which requires critical infrastructure entities to report certain cybersecurity incidents and...more

NY DFS Cybersecurity Symposium: More Rigorous Rules, Exams and Enforcement Ahead

The New York Department of Financial Services (“DFS”) is turning up the heat on cybersecurity once again. During its first-ever Cybersecurity Symposium on March 29, DFS announced a series of new measures that will require...more

SEC’s Gensler: Major Cybersecurity Regulatory Changes On the Horizon

A significant expansion of rules relating to cybersecurity risks - particularly for the financial sector - is under consideration by the Securities and Exchange Commission (SEC). In public remarks last week, SEC Chair...more

NYDFS Imposes Heavy Fine and Adopts Expansive View of Multi-Factor Authentication Requirements Under Cybersecurity Regulations:...

The New York Department of Financial Services (NYDFS) recently announced the resolution, through Consent Order, of its third enforcement action against entities subject to the agency’s Cybersecurity Regulations (“Cyber...more

Lessons Learned from New York’s Second Cybersecurity Action

The New York Department of Financial Services (NYDFS) has announced its second regulatory enforcement action against a regulated entity (a New York licensed mortgage banker and loan servicer) for violating NYDFS’s...more

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