The New York Department of Financial Services (DFS) has issued guidance, in the form of an industry letter, on addressing cybersecurity risks arising from artificial intelligence (AI) under its cybersecurity regulation, 23...more
10/18/2024
/ Artificial Intelligence ,
Classification ,
Cybersecurity ,
Data Privacy ,
Financial Services Industry ,
Incident Response Plans ,
Information Governance ,
New Guidance ,
NIST ,
NYDFS ,
Risk Assessment ,
Third-Party Service Provider ,
Training
New York’s Department of Financial Services signaled once again its intent to strongly enforce the state’s Cybersecurity Regulation by finding OneMain Financial Group violated the law in several ways and imposing a $4.25...more
The New York State Department of Financial Services (DFS) announced the $1.5 million settlement of its investigation of Residential Mortgage Services (RMS) surrounding the unauthorized access to an email account which...more
3/18/2021
/ Cyber Incident Reporting ,
Cybersecurity ,
Mortgages ,
National Security Agency (NSA) ,
NYDFS ,
Phishing Scams ,
Popular ,
Reporting Requirements ,
Security Risk Assessments ,
Sensitive Personal Information ,
Settlement
The New York State Department of Financial Services (DFS) issued a letter to the cyber insurance community on February 4, 2021 that should signal a warning to many other businesses seeking to obtain or keep their...more