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New York Department of Financial Services Issues Millions of Dollars in Penalties, Signaling Increased Cybersecurity Enforcement | Akin Gump Strauss Hauer & Feld LLP


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On April 14, 2021, the New York Department of Financial Services (DFS) announced it settled an enforcement action against National Securities Corporation (“National Securities”) related to claims under the Cybersecurity Regulation, 23 NYCRR Part 500. The Consent Order imposes a $3 million penalty, various remediation measures and represents a flurry of cybersecurity activity by the regulator in the first quarter of 2021. Over the last two months DFS settled two enforcement actions and issued amended charges against First American, the first charges under the Cybersecurity Regulation, originally announced less than a year ago.
April 14, 2021, Settlement ....

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New York Department Of Financial Services Issues Millions Of Dollars In Penalties, Signaling Increased Cybersecurity Enforcement - Technology


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On April 14, 2021, the New York Department of Financial Services
(DFS) announced it settled an enforcement action
against National Securities Corporation ( National
Securities ) related to claims under the Cybersecurity
Regulation, 23 NYCRR Part 500. The Consent Order imposes a $3 million penalty,
various remediation measures and represents a flurry of
cybersecurity activity by the regulator in the first quarter of
2021. Over the last two months DFS settled two enforcement actions
and issued amended charges against First American, the first charges under the Cybersecurity
Regulation, originally announced less than a year ago. ....

New York , United States , Revenue Service , Microsoft Office , Residential Mortgage Services Inc , National Securities , Cybersecurity Program , First American Title Insurance Company , Sherriff Office , Microsoft Exchange Server , York Department Of Financial Services , Bureau Of Investigation , National Securities Corporation , New York Department , Financial Services , Consent Order , First American , Multi Factor Authentication , Cybersecurity Events , Attorney General , Internal Revenue Service , Federal Bureau , County Sherriff , Cybersecurity Regulation , Cybersecurity Incident Response Plan , Cybersecurity Risk Assessment ,

NYDFS Settles with National Securities Corp. for $3M for Violations of DFS Cybersecurity Regulations | Robinson+Cole Data Privacy + Security Insider

New York State Department Of Financial Services Issues Cybersecurity Alert To Regulated Entities Concerning Microsoft Exchange Email Servers


New York State Department Of Financial Services Issues Cybersecurity Alert To Regulated Entities Concerning Microsoft Exchange Email Servers
Date
09/03/2021
The New York State Department of Financial Services (“DFS”) today issued the following industry letter to all of its regulated entities following the recent discovery of cybersecurity vulnerabilities in Microsoft Exchange Server. 
To:       Chief Executive Officers, Chief Information Officers, Chief Information Security Officers, Senior Information Officers, and Data Privacy Officers of all Regulated Entities
From:  Cybersecurity Division, Department of Financial Services 
Re:      Microsoft Reports Exploitation of Four Vulnerabilities in Microsoft Exchange Server
Date:   March 9, 2021 
In recent days, thousands of organizations were compromised via zero-day vulnerabilities in Microsoft Exchange Server.  On March 2, 2021, Microsoft made patches available for ....

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