By Aaron Nicodemus2024-03-11T16:58:00
The Reserve Bank of New Zealand (RBNZ) added new reporting requirements for its member banks to follow if they suffer a material cyber incident and for all types of cyberattacks.
In a press release issued March 4, the RBNZ said it will be building the cyber resiliency of the country’s banking system by implementing three new reporting requirements, in phases, over the course of the year.
The first is a requirement for member banks to report material cyber incidents “as soon as practicable” but within 72 hours.
2024-02-06T15:24:00Z By Aaron Nicodemus
Two chief compliance officers and an attorney discussed preparation for the “when, not if” threat of a data breach during a panel at CW’s Cyber Risk & Data Privacy Summit.
2024-01-19T19:40:00Z By Kyle Brasseur
Apparel company VF Corp., the owner of brands including The North Face, Vans, and Timberland, disclosed its estimation approximately 35.5 million customers had their personal data stolen as part of a cybersecurity incident it uncovered in December.
2023-12-13T18:04:00Z By Kyle Brasseur
Companies won’t have an easy path toward earning additional time from the Department of Justice regarding the disclosure of a material cybersecurity incident to the Securities and Exchange Commission as required under a new rule.
2025-08-01T22:31:00Z By Oscar Gonzalez
The Securities and Exchange Commission is taking its pro-crypto messaging on the road, planning a series of events for its Crypto Task Force that will be held across the U.S. starting on Aug. 4.
2025-08-01T20:07:00Z By Aly McDevitt
The DOJ is warning that simply scrubbing DEI-related words from policy documents or training materials—and replacing them with thinly veiled proxies—will not protect federally funded organizations from legal scrutiny.
2025-07-31T20:37:00Z By Neil Hodge
When growth slows, governments often cut rules to attract investment, as the U.K. has in its financial services sector, which contributes 8.8% of GDP, but easing the “compliance burden” raises concerns about oversight, governance, and prioritizing profits over safety.
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