The New York State Department of Financial Services (NYDFS) adopted comprehensive amendments to its cybersecurity regulation on Nov. 1, 2023. The amended regulation, including the notification provisions of ยง500.17, goes into...more
Every year, BakerHostetler collects and analyzes various metrics about the incident response matters we handle. In 2022, we handled over 1,160 incidents. The most striking trends we saw across those incidents were an overall...more
5/24/2023
/ Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Fraud ,
Fraudulent Transfers ,
Healthcare Facilities ,
Hospitality Industry ,
Incident Response Plans ,
Multi-Factor Authentication ,
Phishing Scams ,
Ransomware ,
Restaurant Industry ,
Retailers ,
Risk Management
There is no question that ransomware is here to stay. Thirty-seven percent of the matters we handled last year involved ransomware, compared to 27 percent of matters in 2020. ...more