Model Security Law News Today

The New York Department of Financial Services NYDFS recently announced it has entered into a Consent Order with an insurance agency for alleged violations of New York’s Cybersecurity Regulation. The Insurance Agency agreed to pay a $1.9 million penalty to the NYDFS.

Advertisement New York Department of Financial Services Announces a $1.8 Million Settlement with Two Life Insurers for Data Breach Violations Monday, July 12, 2021 The New York Department of Financial Services (“NYDFS”) recently announced that it has entered into a Consent Order with two affiliated life insurers for alleged violations of New York’s Cybersecurity Regulation (the “NY Cybersecurity Regulation”). The NYDFS conducted an investigation and determined that the two l...