Eversheds Sutherland Cybersecurity and Privacy Insights Blog
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A Cybersecurity Storm and Winds of Change: NY DFS requires all New York financial institutions to report effects of SolarWinds hack

The New York Department of Financial Services (NY DFS) issued an alert on Friday, December 18, 2020, requiring all NY DFS regulated entities to immediately report whether they have been affected in any way by the massive, state-sponsored security breach of SolarWinds.  NY DFS’s request for immediate notification from all affected entities goes beyond what is normally required...

Your quarterly privacy & cybersecurity update

Welcome to the ninth edition of Updata!  Updata is our US and international update on the most important privacy and cybersecurity regulatory and legislative developments from the past quarter, July to September 2020.   Full of newsworthy items from our global team members, this edition includes updates on:  the Schrems II court decision, which invalidated the EU-US...

FinCEN advisory highlights increased cybercrime risks during COVID-19

FinCEN Advisory Zeroes in on Opportunistic Cybercrime During the COVID-19 Pandemic: Cybercriminals are hard at work taking advantage of weaknesses in remote processing; FinCEN issues Advisory highlighting red flags that compliance officers should be familiar with to help shore up compliance gaps; Advisory issuance signals possible increased attention by FinCEN on these crimes and...

Cybersecurity and coronavirus—Guarding against hackers in this heightened risk environment

Hackers thrive amidst confusion and distraction, so it is important that with all the focus on coronavirus, companies—including their lawyers—remain on guard against cyber attacks. This Alert provides a series of quick, simple and crucial steps companies can take to improve cyber preparedness and response, including: Ensure employees are reminded of the critical need for cyber hygiene,...

Microsoft – Eversheds Sutherland Whitepapers: Responding to the evolving cyberthreat landscape in the financial services sector

Eversheds Sutherland, in collaboration with Microsoft, is delighted to announce the launch of our latest thought leadership paper on cyber threats to the financial services sector. The biggest changes to the threat environment are the growing scale, frequency and sophistication of the attacks—as well as the identity of the actors and their objectives. It is no longer just about theft...

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