Month: July 2018

Data Breach Report Reveals Cost Saving Measures for Companies

PBA Cybersecurity and Data Privacy Data Breach July 31, 2018

By: Josh Mooney and Michael Jervis, White and Williams LLP The Ponemon Institute has released a recent report concluding, among other things, that the cost to a company suffering a data breach in the U.S. has risen eight percent year-on-year from 2017. The total cost of the average breach has reached a staggering $8
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New York’s Cyber Regulations Now Apply to Credit Reporting Agencies

PBA Cybersecurity and Data Privacy Regulatory Compliance July 2, 2018

By Josh Mooney and Emma Bechara, White and Williams LLP On June 25, 2018, the New York Department of Financial Services (NYDFS) issued a final regulation that requires any credit reporting agency (CRA) with “significant operations” in New York to register with the NYDFS and comply with the NYDFS cyber regulations under Part 500. CRAs
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