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SEC Adopts Cybersecurity Incident and Risk Management Disclosure Rules

On July 26, 2023, the Securities and Exchange Commission (the “SEC”) adopted new rules requiring public companies to disclose within four business days material cybersecurity incidents they experience and to disclose annually...more

First NYDFS Cybersecurity Enforcement Action Arising From a Standard Examination Results in $1.5 Million Penalty

On March 1, 2017, the New York State Department of Financial Services (“NYDFS”) Cybersecurity Requirements for Financial Services Companies (the “Cybersecurity Regulation”) became effective. Fast forward four years, where...more

Tech Transactions & Data Privacy 2021 Report

As we bid farewell to 2020 and look toward the uncharted territory of 2021, it is hard not to take inventory of all that has changed in such a short period. No one at the beginning of 2020 would have predicted what transpired...more

Imminent Ransomware Attack Detected

The CISA, FBI and HHS have issued an alert (https://us-cert.cisa.gov/ncas/alerts/aa20-302a) regarding an imminent threat to hospitals and health care providers. Federal agencies have credible information to suggest that a...more

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