Cyber security Archives

New York Department of Financial Services Proposed Amendments to Cybersecurity Regulation: What it Means for Covered Entities

December 14, 2022/in Article, Cyber security/by Information Analyst

On November 9, 2022, the New York Department of Financial Services (NYDFS) issued a proposed second amendment to its 2017 Cybersecurity Regulation 23 NYCRR 500 (“Proposed Amendments”). The publication of these Proposed Amendments comes in the wake of a buzz-worthy pre-proposal comment period, where the NYDFS considered the comments received in response to the pre-proposed amendments. The 60-day public comment period for the Proposed Amendments will end on January 9, 2023.

To Catch a Trade Secret Thief With Forensic Neutrals

November 9, 2022/in Article, Cyber security/by Information Analyst

Remediating the theft of a trade secret can be likened to a dried red wine stain on your favorite white shirt. While the stain is readily visible, removing the stain and restoring the shirt to its original condition is difficult, and sometimes impossible. Similarly, discovering the theft of a trade secret does not solve the underlying business issues created by the theft. Those business issues require the organization to identify the bad actor who stole its trade secret and then ensure all evidence of the trade secret is removed from the thief’s possession.