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Cybersecurity Controls: What Do Regulators Expect Nowadays?

Our Privacy, Cyber & Data Strategy Team highlights the increasingly specific cybersecurity controls identified by regulators, explains why these enhanced cybersecurity controls have become the focus of regulators, and shares...more

NYDFS Releases Consent Order in First Enforcement Action Brought Under the Cybersecurity Regulations

After a three-year investigation/enforcement action by the New York Department of Financial Services (“NYDFS”), NYDFS entered into a Consent Order with a large title insurer (the “Company”) for its violation of NYDFS’s...more

NYDFS Penalizes bitFlyer $1.2 Million for Violations to Cybersecurity Regulation

On May 1, 2023, bitFlyer USA, Inc. (“bitFlyer”) entered into a Consent Order with the New York Department of Financial Services (“DFS”) for multiple deficiencies in bitFlyer’s cybersecurity program, most notably for failure...more

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