Financial Institutions, Financial Services Industry, Vendors

DORA Compliance Part 2: Addressing Compliance Across Critical Operational Areas

Integreon on 4/4/2025

Introduction to DORA and its Implications - As of Jan.17, 2025, the European Union’s Digital Operational Resilience Act (DORA) became enforceable. This new regulatory framework significantly impacts financial institutions and...more

DORA Compliance Part 1: Proactively Meeting DORA Supply Chain Resilience Obligations

Integreon on 3/31/2025

Introduction to DORA and its Implications - As of Jan.17, 2025, the European Union’s Digital Operational Resilience Act (DORA) became enforceable. This new regulatory framework significantly impacts financial institutions and...more

FDIC Seeks Comment on Supervisory Approach to Examinations During Pandemic

Goodwin on 8/20/2021

In This Issue. The Federal Deposit Insurance Corporation (FDIC) is seeking information and comment regarding the FDIC’s supervisory approach to examinations during the pandemic; the FDIC’s tech lab, FIDTECH, announced a “tech...more

Vendor Management Fail: FTC Settles with Mortgage Analytics Company following Vendor Security Issues

Mintz - Privacy & Cybersecurity Viewpoints on 1/11/2021

An oft-used business management concept is to “hire people smarter than you.” The concept also applies to hiring vendors – hire vendors that are better than you (especially when it comes to information security). ...more

UK Finance Webinar Recap: Operational Resilience – Lessons Learnt from the Crisis

Mitratech Holdings, Inc on 12/1/2020

The Pandemic Crisis has offered the financial services sector a live stress test environment to assess its planning, systems, and processes for Operational Resilience. To explore this and see how institutions have fared so...more

Bad System Conversion Leads to CFPB Consent Order for Prepaid Card Provider and its Vendor

Smith Debnam Narron Drake Saintsing & Myers,... on 2/20/2017

The CFPB continues to flex its muscle and expand its reach, this time punishing a prepaid card provider and its vendor for a conversion to a new system that did not go as planned. The consent order, which was entered into...more

The New York State Department of Financial Services Proposes Robust Cybersecurity Rules

Stinson - Corporate & Securities Law Blog on 10/17/2016

On September 13, 2016, the New York State Department of Financial Services (DFS) proposed new rules that would require certain “Covered Entities” to establish and implement cybersecurity programs designed to protect nonpublic...more

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