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[Webinar] Financial Services Cyber Fraud: The Latest Risks and Best Responses - October 20th, 12:00 pm - 1:00 pm ET

Cyber fraud costs the financial services industry billions in losses each year and has been on the rise. Regulation has followed, creating risks of a different kind. This timely webinar will walk through some of the latest...more

AI Insurance Company Faces Class Action for Use of Biometric Data

After a tweeting mishap, Lemonade Inc., an AI-based insurance company, faces a class action for allegedly violating New York laws against the use of biometric data without consent by using facial recognition technology to...more

New DOJ Enforcement Team Suggests DOJ May Take Additional Efforts to Recover Cyberattack Ransoms

On October 6, the U.S. Department of Justice (DOJ) announced the launch of a National Cryptocurrency Enforcement Team (NCET) to add structure to and coordinate the DOJ’s investigative capabilities concerning unlawful uses of...more

New Cybersecurity Enforcement Through DOJ’s Civil Cyber-Fraud Initiative and the False Claims Act

On October 6, 2021, the Department of Justice opened up a new front in cybersecurity compliance when it announced a Civil Cyber-Fraud Initiative using the False Claims Act and other civil enforcement tools against government...more

Making Good on Its Promise: SEC Pursues Cyber Enforcement Actions Against Financial Services Companies

On August 30, the Securities and Exchange Commission (SEC) announced settled charges with several investment advisory firms and broker-dealers following email account takeovers. These settlements are the latest in a string of...more

DFS Continues Focus on Cybersecurity: Issues Ransomware Guidance and Signals Increased Enforcement Actions

The New York State Department of Financial Services (DFS) is continuing its focus on financial institutions’ cybersecurity, issuing new guidance, probing cybersecurity as part of routine examinations, and signaling increased...more

Biden Administration Issues Practical Guidance for Ransomware Attacks

On June 2, 2021, President Biden issued a memorandum providing "recommended best practices" for protecting against ransomware. The memorandum urged corporate executives and business leaders to...more

When Google Meets HIPAA: Some Privacy and Regulatory Issues as Silicon Valley Enters the Health Care Space

On November 12, 2019, the U.S. Department of Health and Human Services' Office for Civil Rights announced that it would be examining Google’s collaboration with Ascension, a nonprofit health care system that operates...more

California Consumer Privacy Act: A Reference Guide for Compliance

California passed a sweeping new privacy law that will impact many businesses. The California Consumer Privacy Act of 2018 (CCPA) is the first U.S. law to grant consumers extensive rights as to their personal information and...more

Are Banks and Other Lenders Subject to the CCPA?

California’s new privacy statute imposes a number of new requirements on businesses that touch the personal information of California consumers. Its reach includes banks and financial services companies....more

On Cybersecurity, Grab the Low-Hanging Fruit

SEC Tells Firms to Stop Missing the Basics on Cybersecurity - The SEC’s Office of Compliance Inspections and Examinations (OCIE) reported in a recent Risk Alert that many investment advisers and broker-dealers are failing to...more

Cybersecurity Obligations And Best Practices For Independent Schools

Independent schools, like other non-profits, have valuable digital assets that bring cybersecurity obligations with them. For example, schools typically extend financial aid to students and medical benefits to employees only...more

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