The NYDFS Brings First Enforcement Action under the Cybersecurity Regulation
On Tuesday, July 21, 2020, the New York Department of Financial Services (NYDFS) brought its first enforcement action under its Cybersecurity Regulation against a large title insurer for failing to protect sensitive personal information.
The NYDFS is seeking civil monetary penalties, an order requiring the Company to remedy the alleged violations, and any other relief deemed just and appropriate.
Source: The NYDFS Brings First Enforcement Action under the Cybersecurity Regulation