The New York State Department of Financial Services (DFS) has cautioned the entities it regulates to be alert to cybersecurity risks resulting from using artificial intelligence (AI) technology. The department also…
We’d like to remind all Big I New York members of the upcoming deadline for compliance with new cybersecurity requirements. Last November 1st, the New York State Department of Financial…
The New York State Department of Financial Services (DFS) last week warned all financial services companies of a new cybersecurity threat targeting information technology (IT) help desks and service centers. A letter dated…
A South Carolina based wholesale insurance brokerage reported last week that they had suffered an undescribed cybersecurity incident. It closed the wholesaler for a substantial part of the week. Some…
The New York State Department of Financial Services (DFS) this week unveiled a new model Cybersecurity Program Template for use by small businesses, including insurance agencies. All independent insurance agencies should consider…
The DFS-regulated entities in the banking, financial services, and insurance sectors must complete the compliance filings that the financial services cybersecurity regulation requires by April 15th. This year, they will…
Question: “We just hired a new licensed employee. Are we required to report anything to the New York State Department of Financial Services (DFS)?” Answer: The agency has no reporting…
PropertyCasualty360.com has a post up on its site today that features a question-and-answer session with Troy Stairwalt, chief information security officer of Westfield Insurance. I encourage you to read the entire…
