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New York DFS Announces Updated Cybersecurity Regulation 

cybersecurity regulation

 

The proposed amended regulation will have a 60-day comment period, ending Jan. 23, 2023. 11/10/2022 8:00 A.M. 2 minute read Superintendent of Financial Services Adrienne A. Harris announced in a press release this week that the New York State Department of Financial Services (DFS) proposed an updated cybersecurity regulation. DFS’s original regulation, introduced in 2017, […]

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SBA Shares Cybersecurity Tips for Small Businesses

cybersecurity regulation

 

A recent blog post from the Small Business Administration highlights what small businesses can do to implement cybercrime protections. 10/13/2022 12:15 P.M. 2 minute read The U.S. Small Business Administration (SBA) recently shared updated tips on protecting your small business from cyberattacks and cybercrime in a blog post last week. The internet is an invaluable […]

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Recording Available – ACA Huddle: Breakdown of the Hunstein Decision and New Cybersecurity Tools

 

This ACA Huddle covers two important topics—unpacking the 11th Circuit Court of Appeals decision in the Hunstein case and cybersecurity tips from state regulators. Meeting Recording Passcode: bt45.ZNS Session Slides The 11th Circuit Court of Appeals has issued its long-awaited ruling in Hunstein v. Preferred Collection & Management Services, dismissing the case because the plaintiff […]

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Recording Available – Best Practices for FTC Safeguards Rule Compliance Next on the ACA Huddle

 

Get ready to focus on data security. Attorney members Leslie Bender and Kim Phan provides an overview of compliant information security programs to meet the new Safeguards Rule requirements. Meeting Recording Passcode: 9LuQPt0! Session Slides The Gramm-Leach-Bliley Act (GLBA) requires that financial institutions, including debt collectors, protect their customers’ financial information. Last year, the Federal […]

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Data Security Failures May Violate the Consumer Financial Protection Act, CFPB Says

cybersecurity regulation

 

New policy statement from the bureau addresses data security expectations for sensitive consumer information, including examples of when firms may be liable for insufficient security protocols. 08/11/2022 6:00 P.M. 5.5 minute read The Consumer Financial Protection Bureau issued a circular on Aug. 11 asking and answering a question about the consequences of insufficient data protection […]

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CSBS Releases Nonbank Cybersecurity Exam Procedures

network security laptop in blue

 

The tools from the Conference of State Bank Supervisors will help your compliance team review and enhance cybersecurity exam procedures. 08/09/2022 1:15 P.M. 2 minute read The Conference of State Bank Supervisors (CSBS) has released two new tools for nonbank financial services companies to improve their cybersecurity exam procedures and practices. The Baseline Nonbank Cybersecurity Exam […]

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