Although some limited exemptions apply, let’s be clear: Any entity regulated by New York’s Department of Financial Services (DFS) must comply with at least parts of 23 NYCRR 500. Small business? You still need to follow many sections of the law. Headquartered elsewhere? If you do business in New York, the law applies to your…
Every company has information they don’t want exposed online, whether that’s financial records, customer information, or a top-secret family recipe. How do you keep this sensitive data from being stolen or accidentally shared? Regardless of the nature of your organization, keeping your data secure and ensuring compliance are two of the most demanding priorities. After…
Cybercriminals and hackers are rarely shy about the methods they use to attack their victims. Many of them are more than happy to share how they broke into a business’s network or how they walked away with thousands of dollars after successfully extorting a business owner whose company is now destroyed. There are new stories…
Five years ago, you might have had state-of-the-art security protecting your business and network. You had the latest malware protection, highly rated firewalls and a great data backup plan. Maybe you even had a handbook on how to address cyberthreats. You were set. But then you forgot to do one crucial thing: you didn’t stay…
A lot of businesses wait until something breaks before they fix it. And even then, they may take a “patchwork” approach to fixing the problem. They are reactive rather than proactive. Sometimes taking a reactive approach is fine, but other times, and depending on the circumstances, it can lead to even bigger problems. When it…
Cyberthreats are everywhere these days. Hackers, scammers and cybercriminals are working overtime to break into your network – and the network of just about every business out there. They have a huge arsenal of tools at their disposal, from automated bots to malicious advertising networks, to make it possible. But there is one “tool” that…
Everybody gets hacked, but not everything makes the evening news. We hear about big companies like Target, Home Depot, Capital One, and Facebook getting hacked. What we rarely hear about are the little guys – the small businesses that make up 99.7% of employers in the United States, according to the Small Business Administration. It’s…
Many of the Financial Institutions I’ve spoken to over the last two-year period weren’t even aware that the Department of Financial Services of New York (DFS) had PUT FORWARD one of the most aggressive Cybersecurity Regulations in the country. And if they did, most were very confused about it. Many thought they were “EXEMPT.” I…
COVID19 is teaching us a business lesson… As businesses recover from one of the biggest catastrophes to hit our nation. Your job as the leader of your organization is to re-shape your business model. I cringe at the thought that my local fish store doesn’t take apple pay (why not?) it’s 2020. But we all…
Cybercrime is already on the rise and is expected to cause $6 TRILLION in damages by 2021! But, if history repeats itself, hackers will be out in full force throughout this coronavirus scare.