Leading businesses continue to suffer cyber attacks at the hands of sophisticated ransomware groups. For example, the threat group “Scattered Spider” (also known as UNC3944, Octo Tempest, 0ktapus) is once again making...more
Financial institutions and securities market participants continue to face escalating cyber threats – in frequency, volume, and severity. The many reasons for the escalating risk include: Financial services companies are...more
BACKGROUND -
On October 16, 2024, the New York State Department of Financial Services (DFS) issued an industry letter, Cybersecurity Risks Arising from Artificial Intelligence and Strategies to Combat Related Risks,...more
10/28/2024
/ Artificial Intelligence ,
Cyber Attacks ,
Cyber Threats ,
Cybersecurity ,
Cybersecurity Framework ,
Financial Services Industry ,
NYDFS ,
Regulatory Oversight ,
Risk Assessment ,
Risk Management ,
Third-Party Service Provider
On March 27, 2024, the Cybersecurity & Infrastructure Security Agency (CISA) within the US Department of Homeland Security released a much-anticipated notice of proposed rulemaking (NPRM) to implement the Cyber Incident...more
4/1/2024
/ Critical Infrastructure Sectors ,
Cyber Attacks ,
Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA) ,
Cybersecurity ,
Data Breach ,
Data Preservation ,
Data Protection ,
Data Security ,
Department of Homeland Security (DHS) ,
Homeland Security Cybersecurity & Infrastructure Security Agency (CISA) ,
Information Technology ,
NPRM ,
Proposed Rules ,
Ransomware ,
Regulatory Agenda