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NYDFS Announces Cybersecurity Settlement, Addresses Multi-Factor Authentication Rules - Technology

On April 14, 2021, the NYDFS announced a settlement with National Securities Corporation, a licensed insurer, in connection with claims under the NYDFS Cybersecurity Regulation (23 NYCRR Part 500).
York Department Of Financial Services National Securities Securities Corporation National New York Department Financial Services Securities Corporation
Source: mondaq.com

NYDFS Announces Cybersecurity Settlement, Addresses Multi-Factor Authentication Rules | Alston & Bird

To embed, copy and paste the code into your website or blog: On April 14, 2021, the New York Department of Financial Services (“NYDFS”) announced a settlement with National Securities Corporation (“National Securities”), a licensed insurer, in connection with claims under the NYDFS Cybersecurity Regulation (23 NYCRR Part 500). The consent order requires payment of a $3M penalty and mandatory remediation in response to alleged failures to properly implement multi-factor authentication, p...
York Department Of Financial Services National Securitie National Securities National Securities Corporation New York Department Financial Services

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