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“For tracking litigation, enforcement, and regulatory developments, Compliance Week
should be your prime source.”- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-11-15T21:09:00
New York hospitals would be required to have a cybersecurity program that includes regular cyber risk assessments under newly proposed regulations.
The proposed rules, which would require the reporting of material cyber incidents within two hours, are designed to strengthen the cybersecurity of hospitals and their networks, said New York Gov. Kathy Hochul in a press release Monday.
Complying with the proposed rules would initially cost hospitals tens of thousands or tens of millions of dollars, according to the draft rules, which noted program maturity as a dictating factor. Hospitals would be allowed to subcontract for cybersecurity services.
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2023-12-07T18:34:00Z By Adrianne Appel
Hospitals can soon expect to see new draft cybersecurity regulations and benchmarking goals, according to the Department of Health and Human Services.
2023-11-08T20:10:00Z By Aaron Nicodemus
A New York state law that takes effect next year will make it more difficult for registered investment advisers in the state to conduct proactive testing for violations of their firms’ off-channel communication policies.
2023-11-03T10:03:00Z By Adrianne Appel
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.
2025-03-24T15:47:00Z By Aaron Nicodemus
The U.S. Treasury Department’s Financial Crimes Enforcement Network issued a final interim rule that eliminates beneficial ownership information reporting obligations for U.S.-based companies and persons.
2025-03-19T13:00:00Z By Aaron Nicodemus
Federal Reserve Board member Michelle Bowman has been nominated as the board’s vice chair for supervision, a position that oversees regulation of the nation’s largest banks.
2025-03-18T13:00:00Z By Neil Hodge
A European Union-wide ban on AI systems with “unacceptable” risk came into force on Feb. 2 as the first provisions of the EU’s AI Act took effect. Problems persist, however, over what the legislation requires and what corporate practices or uses of data may risk flouting the rules.
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