On October 18, 2022, the New York State Department of Financial Services announced that EyeMed Vision Care LLC agreed to a $4.5 million settlement for violations of the Cybersecurity Regulation that contributed to the exposure of hundreds of thousands of consumers’ health data in connection with a cybersecurity event in 2020.
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New York Attorney General Fines E-Commerce Parent Company for Failing to Properly Handle a Data Breach
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On October 12, 2022, New York Attorney General Letitia James announced that her office had secured a $1.9 million penalty from e-commerce retailer Zoetop, owner of SHEIN and ROMWE, following an improperly handled data breach.
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Proposed Amendments to NY Financial Services Cybersecurity Regulations Impose New Obligations on Large Entities, Boards of Directors and CISOs
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Posted in Cybersecurity, Financial Privacy
On July 29, 2022, the New York Department of Financial Services posted proposed amendments to its Cybersecurity Requirements for Financial Services Companies. This blog entry provides highlights of the amendments.
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New York Becomes First State to Require CLE in Cybersecurity, Privacy and Data Protection
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Posted in Cybersecurity, Information Security
New York recently became the first state to require attorneys to complete at least one credit of cybersecurity, privacy and data protection training as part of their continuing legal education requirements. The new requirement will take effect July 1, 2023.
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Wegmans Agrees to Pay $400,000 Penalty After Cloud Security Lapse
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On June 30, 2022, the New York Office of the Attorney General announced a $400,000 agreement with Wegmans Food Markets, Inc. in connection with a cloud storage security issue. …
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China Issues Draft Provisions on Standard Contract for Cross-Border Transfer of Personal Information
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Posted in Information Security, International
On June 30, 2022, the Cyberspace Administration of China (the “CAC”) issued a draft Provision on the Standard Contract for Cross-border Transfer of Personal Information (“Draft Provisions”) and a draft of the Standard Contract for Cross-border Transfer of Personal Information (“Standard Contract”) for public comments. Per Article 38 of the Personal Information Protection Law (“PIPL”), if the data handler is not required to conduct a government security assessment, it may choose either to conduct certification by a qualified third institution or to execute the Standard Contract for cross-border transfer of personal information. Certification might be more commonly used for cross-border transfer within a group, whereas the Standard Contract may be more popular under other scenarios of cross-border transfers.…
NYDFS Imposes Fine of $5 Million on Carnival for Cybersecurity Breaches
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On June 24, 2022, the New York State Department of Financial Services announced it had entered into a $5 million settlement with Carnival Corp., the world’s largest cruise-ship operator, for violations of the Cybersecurity Regulation in connection with four cybersecurity events between 2019 and 2021, including two ransomware events. …
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North Carolina Becomes First State to Prohibit Public Entities from Paying Ransoms
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On April 5, 2022, North Carolina became the first state in the U.S. to prohibit state agencies and local government entities from paying a ransom following a ransomware attack. …
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Fitness App Agrees to Pay $56 Million to Settle Class Action Alleging Dark Pattern Practices
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On February 14, 2022, Noom Inc., a popular weight loss and fitness app, agreed to pay $56 million, and provide an additional $6 million in subscription credits to settle a putative class action in New York federal court.
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New York Attorney General Announces 1.1 Million Accounts Compromised in Credential Stuffing Attacks
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The New York Office of the Attorney General recently announced the results of an investigation into “credential stuffing,” which uncovered 1.1 million compromised accounts from cyberattacks on 17 well-known companies. The announcement included a “Business Guide for Credential Stuffing Attacks,” detailing the attacks and providing tips for businesses to protect themselves.
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