Third-Party Troubles: Bank of America Breached Through Hacked Vendor
Your reputation is something you can never get back once you’ve been a victim of a cybercrime and your customers data is put at risk.
NY DFS Cybersecurity Compliance Standard
Each part of 23 NYCRR 500 cybersecurity law has been further defined and specified with additional details and expanded implementation…
NY DFS Cybersecurity Compliance Limited Exempt
In November 2023, New York updated its cybersecurity law, NY DFS 23 NYCRR 500, affecting all financial firms in the state, and those financial…
Third Time’s the Alarm! LoanDepot Breach Is Latest In Wave of Mortgage Cyberattacks
LoanDepot confirmed a ransomware attack on Monday Jan 8 in an 8-K filing with the U.S. Securities and Exchange Commission (SEC).
Fidelity’s Cyber Breach Becomes Loancare’s Mortgage Meltdown
Loancare, a mortgage subservicing company, recently announced a significant data breach affecting approximately 1.3 million individuals.
Repeat Nightmare: First American Suffers Second Cyberattack Post $1M NY DFS Penalty
First American has shut down key systems. “We’ve experienced a cybersecurity incident,” the company acknowledged in a public statement.
SEC Drops New Critical Data Breach Rules Accountants Must Know
Here’s an expanded overview of what the new rules entail and how accountants can assist their clients in navigating this complex terrain.
DFS Fines First American Insurance $1 Million for Cybersecurity Failures
First American handles vast amounts of personal and financial data as a title insurance company.
Empowering Agencies: Boosting Cyberinsurance Sales Through Cybersecurity
Selling cyberinsurance policies is not just about providing coverage; it’s about helping clients safeguard their businesses in our increasingly digital..
Why You Need to Understand “Secure by Design” Cybersecurity Practices
Cybersecurity has become a critical foundation upon which many aspects of business rely. Whether you’re a large enterprise or small business, network security is a must. Cyberattacks can have long-term consequences. The frequency and sophistication of cyberattacks continue to increase. In 2022, IoT malware attacks saw a sobering 87% increase. Attack volume is also ramping…