News & Analysis as of September 20, 2024

Cybersecurity › National Institute of Standards and Technology › NYDFS

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Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk management, global regulations, data protection, leaks, hacking, cyber insurance, compliance, HIPAA, and every other aspect of cybersecurity of import to corporate readers right now. less -

The Digital Download – Alston & Bird’s Privacy & Data Security Newsletter – August 2024

Alston & Bird on 8/21/2024

Selected U.S. Privacy and Cyber Updates - New York AG Seeks Comments on Rulemaking for Minors’ Online Protection Laws - On August 1, 2024, New York Attorney General Letitia James issued two advanced notices of proposed...more

Right To Know - August 2024, Vol. 20

Clark Hill PLC on 8/20/2024

Cyber, Privacy, and Technology Report - Welcome to your monthly rundown of all things cyber, privacy, and technology, where we highlight all the happenings you may have missed....more

NIST Releases Cybersecurity Framework 2.0

Lowenstein Sandler LLP on 3/7/2024

The National Institute of Science and Technology (NIST) has released NIST Cybersecurity Framework (2.0) (Framework 2.0). NIST released two earlier versions of the Framework for Improving Critical Infrastructure Cybersecurity...more

Cybersecurity in 2024: Ten Top Issues to Consider

Wiley Rein LLP on 1/3/2024

As we enter the New Year, Wiley has looked back at the top cyber issues for 2023 and what they mean for 2024. Last year, we saw the rollout of the National Cybersecurity Strategy—which outlined a new era of cyber oversight—as...more

Right To Know - November 2023, Vol. 11

Clark Hill PLC on 11/13/2023

Cyber, Privacy, and Technology Report - Welcome to your monthly rundown of all things cyber, privacy, and technology, where we highlight all the happenings you may have missed....more

NYDFS Issues Revised Proposed Second Amendment to Its Cybersecurity Regulation

BakerHostetler on 9/11/2023

The New York State Department of Financial Services (NYDFS) recently published a revised proposed second amendment to its cybersecurity regulation, 23 NYCRR 500. ...more

Data Privacy in 2023: Expectations, Responsibilities & Cyber Security Tactics to Safeguard Your Information

J.S. Held on 2/9/2023

INTRODUCTION - As more of our lives and work become digitized, an inherent overlap continues to grow between data privacy and cyber security programs. Think of two similarly sized circles: in the past, data privacy and cyber...more

NIST Releases New Draft of Artificial Intelligence Risk Management Framework for Comment

Faegre Drinker Biddle & Reath LLP on 9/9/2022

The National Institute of Standards and Technology (NIST) has released the second draft of its Artificial Intelligence (AI) Risk Management Framework (RMF) for comment. Comments are due by September 29, 2022. NIST, part of...more

5 Best Practices for Third Party Risk Management

Ankura on 7/5/2021

Organizations are becoming increasingly reliant on external parties to manage parts of their business. The centralized knowledge, expertise, and economies of scale that third parties provide enables organizations to focus...more

Jones Day Global Privacy & Cybersecurity Update | Vol. 23

Jones Day on 8/19/2019

UNITED STATES - Regulatory—Policy, Best Practices, and Standards - NIST Produces Roadmap for Improving Critical Infrastructure Cybersecurity Version 1.1 - On April 25, the National Institute of Standards and Technology...more

Goldilocks and the Three Laws

Burns & Levinson LLP on 11/20/2018

A recent Harris Poll surveyed adults on the topic of corporate social responsibility and found, not surprisingly, that a majority of those asked stated that companies should – or perhaps “ought” – to have a mission beyond...more

Cyber Winter is Here, and Coming to Regulation: New York Cybersecurity Rule Ice Dragon Heading for the Wall

Kilpatrick on 10/4/2017

The State of New York’s response to two large cybersecurity breaches may fuel the transformation of the state regulation of corporate cybersecurity in the U.S. Unlike typical state data breach statutes which focus on...more

Global Privacy & Cybersecurity Update Vol. 13

Jones Day on 3/15/2017

On December 28, 2016, the New York Department of Financial Services ("DFS") released a revised version of a proposed regulation that would require banks, insurance companies, and other financial services institutions...more

Proposed Federal Cybersecurity Regulations for Financial Institutions Face an Uncertain Future

Cadwalader, Wickersham & Taft LLP on 3/13/2017

Last year’s proposed comprehensive framework for cybersecurity rules for large financial institutions is suddenly facing an uncertain future. With the comment period having closed as of February 2017, the framework was facing...more

The Empire (State) Strikes Back: Six Highlights of New York’s New Cybersecurity Regulations for Financial Institutions

Poyner Spruill LLP on 3/9/2017

The New York Department of Financial Services (NYDFS)’s finalized Cybersecurity Requirements for Financial Services Companies (“regulations”), went into effect on March 1, 2017. NYDFS has provided a 6 month safe harbor to...more

Financial Industry Groups Criticize New York Department of Financial Services Cybersecurity Proposal

Proskauer on Privacy on 12/23/2016

As we previously reported, in September 2016 the New York Department of Financial Services (the “DFS”) proposed a regulation that would require banks, insurance companies and other financial services institutions regulated by...more

The Digital Download - Alston & Bird’s Privacy & Data Security Newsletter – November 2016

Alston & Bird on 12/7/2016

Updates on the EU: German DPA Publishes First Privacy Shield Guidelines, Requires German-Law Contracts for Transfers. On June 7, 2016, the European Commission adopted the EU-U.S. Privacy Shield. One question that many...more

The Cyber Regulation Drops

Robinson+Cole Data Privacy + Security Insider on 10/5/2016

On September 13, 2016, Governor Andrew Cuomo announced the first proposed broadly applicable cyber regulation in the U.S. (the “Regulation”). The Regulation covers banks, insurance companies and other financial institutions...more

"Privacy & Cybersecurity Update - September 2016"

Skadden, Arps, Slate, Meagher & Flom LLP on 10/3/2016

In this edition of our Privacy & Cybersecurity Update, we examine the Sixth Circuit's decision to allow injury-in-fact to be established by alleging a "substantial risk of harm" in a data breach case, New York state's...more

Report Highlights Bank Vendor Cybersecurity Vulnerabilities

WilmerHale on 4/14/2015

On April 9, the New York State Department of Financial Services (NYDFS) released a report on bank vendor cybersecurity that highlights the risk that hackers will use third-party service providers to gain access to bank data....more

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