Eversheds Sutherland Cybersecurity and Privacy Insights Blog
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The New York Department of Financial Services Releases Potential New Cybersecurity Rules

On November 9, Anthony Albanese, Acting Superintendent of the New York Department of Financial Services (NYDFS), sent a letter to the 18 members of the Financial and Banking Information Infrastructure Committee that outlines key regulatory proposals that NYDFS is considering as new regulations to increase financial sector cybersecurity defenses. The letter is written to “help spark...

Anthem’s Data Breach Affects Many Non-Anthem Plans: What Employers Need to Know Now

On February 4, 2015, Anthem Inc. disclosed that it had been a victim of a sophisticated cyberattack that compromised the personal health plan data of up to 80 million customers of not only Anthem but also a much broader group of insurers and third-party administrators for whom Anthem did back-office work. View the full Legal...

New NY Department of Financial Services Cybersecurity Examination Process

On December 10, 2014, New York State Department of Financial Services (DFS) Superintendent Benjamin M. Lawsky issued an industry guidance letter to all New York State chartered or licensed banking institutions announcing that DFS was expanding its examination procedures to increase its emphasis on cybersecurity and urging all institutions to make cybersecurity an “integral aspect of...