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Financial institutions will have to certify annually that their internal controls and cybersecurity practices remain up to snuff. And now that the transitional periods for implementing the cyber regulation have passed, covered institutions will need to certify that they have complied with each provision.
Financial institutions regulated by New York’s Department of Financial Services (DFS) can breathe a sigh of relief, at least temporarily. Two years after DFS’s Cybersecurity Requirements for Financial Institutions took effect, and more than three years after the cybersecurity regulation was announced, the final provision of the law became effective on March 1 of this year.
The State of the U.S. Privacy Job Market, 2019
By ljnstaff
A Reflection on the Year Behind, the Years Ahead and Why Privacy Means So Much to Us
Part One of a Two-Part Article
In just over a year since GDPR Day, privacy by design has made privacy as a profession one of the fastest growing and hottest verticals in and outside of the legal job market.
Legislative Heat Wave: A Mid-Year Review of Upcoming Cybersecurity Laws and Enforcement Activity
By Michael Bahar, Sarah Paul, Mary Jane Wilson-Bilik and Ali Jessani
While legislation to enhance data privacy rights and obligations continue to make headlines, regulators and legislators are also stepping up their cybersecurity expectations. In the first half of 2019, a number of states have updated their existing data breach notification laws and passed new cybersecurity requirements.
How to Keep Mobile Data Safe: The Case for On-Device AI
By Gevorg Karapetyan
Bring Your Own Device is one of the biggest compliance-related issues companies face today, and when it comes to security risks, law firms are prime targets. Considering law firms are built on their reputation, firms must make every assurance that the technology they use will protect their data.
Cybersecurity Spending on the Rise in 2019
By Debra Frank Montero
As data security challenges continue to escalate, many law firms and corporate legal departments are upping their efforts to strengthen cyber defenses and minimize risks.
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