Earlier this month, the New York State Department of Financial Services (NYDFS) announced a settlement and consent order with National Securities Corporation (National Securities) for $3 million in connection with National...more
4/27/2021
/ Compliance ,
Cybersecurity ,
Data Breach ,
Enforcement Actions ,
Financial Institutions ,
Financial Services Industry ,
National Security ,
National Security Review Proceedings ,
New York ,
NYDFS ,
Popular ,
Settlement
On March 3, 2021, the New York State Department of Financial Services (NYDFS) announced a settlement with Residential Mortgage Services, Inc. (RMS) for $1.5 million in connection with its violation of the NYDFS Cybersecurity...more
3/8/2021
/ Cyber Attacks ,
Cybersecurity ,
Data Breach ,
Enforcement Actions ,
Financial Services Industry ,
Government Agencies ,
Notification Requirements ,
Personal Data ,
Phishing Scams ,
Popular ,
Risk Assessment ,
Settlement ,
State and Local Government
In July 2020, the New York State Department of Financial Services (NYDFS) filed the first enforcement action under the new NYDFS Cybersecurity Regulation, 23 NYCRR Part 500 (Part 500), against First American Title Insurance...more