Australia released an updated cybersecurity strategy that will rely more heavily on public-private partnerships to support the country’s cyber defense efforts.
Cybersecurity
Posted inRisk Management
CISA guidance provides cyber risk mitigation strategies for healthcare
New guidance released by the Cybersecurity and Infrastructure Security Agency offers best practices for organizations in the healthcare and public health sector to adopt to combat rising cyber threats.
Posted inRisk Management
Morgan Stanley settles with states for $6.5M over mishandled data
Morgan Stanley agreed to pay $6.5 million as part of a settlement with six states requiring the firm to strengthen its data security after actions it took compromised the personal data of millions of customers.
Posted inRisk Management
N.Y. hospitals face stiff cybersecurity requirements under proposed rules
New York hospitals would be required to have a cybersecurity program that includes regular cyber risk assessments under newly proposed regulations.
Posted inEthics & Culture
Merged UBS, AI on FINMA’s risk radar
A year of significant change in the Swiss banking sector, including the acquisition of Credit Suisse by UBS, has the country’s financial regulator prioritizing new risk areas on its radar.
Posted inRisk Management
Amended N.Y. cyber regs up pressure on financial firms to combat risks
New York will require financial institutions to conduct risk assessments more often and improve governance under a broad update to the state’s cybersecurity regulations.
Posted inData Privacy
Medical management company to pay $100K in landmark HHS ransomware case
Doctors’ Management Service agreed to pay $100,000 in settling the first ransomware agreement under the Health Insurance Portability and Accountability Act reached by the Department of Health and Human Services’ Office for Civil Rights.
Posted inRegulatory Enforcement
SolarWinds cries SEC ‘overreach’ in fraud lawsuit against company, CISO
SolarWinds will contest a lawsuit brought by the Securities and Exchange Commission against it and its chief information security officer alleging fraud and internal control failures related to the software company’s cyberattack reported in 2020.
Posted inFinancial Services
FTC tweaks Safeguards Rule to address data breaches
Nonbank financial institutions must report certain data breaches to the Federal Trade Commission within 30 days of discovery under a new amendment to the agency’s Safeguards Rule.
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