In response to the escalating security risks posed by artificial intelligence (AI), the New York Department of Financial Services (NYDFS) released new guidelines urging companies to adopt stronger multifactor authentication (MFA) practices. The guidance, issued on October 16, 2024, specifically
In a concerning development for Connecticut residents, Attorney General William Tong announced a significant settlement related to a data breach that compromised the personal information of 157,629 Webster Bank customers. This incident, spanning from November 2022 to January 2023, exposed sensitive
The recent release of a cyber security legislative package by the Commonwealth government marks a pivotal shift in how organizations in Australia approach digital security. Comprised of the Cyber Security Bill 2024 and amendments to the Intelligence Services Act 2001 and the Security of Critical
The recent data breach at Schreck Financial Group has accentuated the rising vulnerability of email systems in the financial sector, prompting a re-evaluation of email security practices to safeguard sensitive information. Financial firms, often custodians of a vast amount of personal and financial
The Federal Communications Commission (FCC) has recently announced an expansive collaboration effort with state attorneys general to boost privacy, data protection, and cybersecurity enforcement. This new strategy underscores the FCC's commitment to safeguarding consumer data against increasing
The recent data breach at Miami-based cryptocurrency payment processor Transak exposed sensitive customer information of over 92,000 individuals due to a phishing attack on an employee’s laptop, revealing significant vulnerabilities in corporate security defenses. This incident, which compromised
