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
At this point, it is self-evident that companies are grappling with an ever-evolving (think: tougher) cyber risk terrain. However, two recent cases against companies and their Chief Information Security Officers (CISOs),...more
2/27/2024
/ Board of Directors ,
Breach of Duty ,
Chief Information Security Officer (CISO) ,
Cyber Incident Reporting ,
Cybersecurity ,
Data Breach ,
Disclosure Requirements ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Popular ,
Regulatory Agenda ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Whistleblowers