On Monday, the New York Department of Financial Services sent a letter to federal and state regulators who are members of the Financial and Banking Information Infrastructure Committee (FBIIC), outlining
As information sharing legislation works its way through Congress, the private sector, in partnership with the Administration, is working toward an information-sharing infrastructure on a parallel track.
Currently 47 states have data breach notification requirements in effect, which can make compliance extra burdensome when a breach affects customers across state lines. To add to the complication, in
A new report from the Pell Center for International Relations and Public Policy at Salve Regina University in Rhode Island highlights the need for individual states to address cyber risk,
The US Supreme Court is currently hearing a class action suit against Spokeo Inc, where the defendants are alleging they were harmed when Spokeo disseminated incorrect information about them. The
A new report by the Ponemon Institute finds that 81% of executives have a data breach plan in place, but only 34% say they are “very effective” or “effective.” The
Theresa May, member of the UK Parliament, introduced a draft surveillance bill to mixed reviews on Wednesday. One of the most outspoken critics was former NSA whistleblower Edward Snowden, who
Cloud computing provider, External IT, has released a white paper entitled “Financial Services Firms Face Further Scrutiny of Their Cybersecurity Practices: Is Your Firm Ready?” The report finds that financial
The US and UK governments have announced that they will conduct a joint simulation of a financial sector cyberattack some time later this month. The exercise is meant to test
In the wake of a massive data breach earlier this year that exposed over 20 million federal government employees’ personnel records, the Office of Personnel Management (OPM) has hired Clifton
