On October 16, 2024, the New York Department of Financial Services (“NYDFS”) released an Industry Letter—entitled Cybersecurity Risks Arising from Artificial Intelligence and Strategies to Combat Related Risks (the “Letter”)....more
10/22/2024
/ Artificial Intelligence ,
Consumer Privacy Rights ,
Covered Entities ,
Cybersecurity ,
Cybersecurity Framework ,
Enforcement ,
Financial Institutions ,
Financial Services Industry ,
NYDFS ,
Regulatory Agenda ,
Regulatory Requirements ,
Risk Assessment ,
Risk Management ,
Technology Sector
Managing these risks at a single company should be straightforward. Executives and CISOs may be personally held accountable for cyber failings, negligence, breaches, and inadequate disclosure around cyber vulnerabilities and...more
4/3/2024
/ Chief Information Security Officer (CISO) ,
Corporate Governance ,
Cyber Insurance ,
Cybersecurity ,
D&O Insurance ,
Data Breach ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
Investigations ,
Liability ,
Popular ,
Private Equity ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Whistleblowers