The New York Department of Financial Services (NYDFS) has released a new set of Frequently Asked Questions (FAQs 18–23) under 23 NYCRR Part 500, reinforcing its position that multifactor authentication (MFA) remains a critical component of a covered entity’s cybersecurity program. These FAQs provide highly prescriptive guidance, including clarifications on technical requirements for the “possession” […]
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NYDFS Issues Guidance on Managing Risks Related to Third-Party Service Providers
On October 21, 2025, the New York Department of Financial Services (“NYDFS”) published an Industry Letter (the “Letter”) outlining guidance on managing risks related to third-party service providers (“TPSPs”). NYDFS recognizes that as covered entities become more reliant on TPSPs, managing TPSPs “remains a crucial element of a Covered Entity’s cybersecurity program.” The Letter outlines […]
Microsoft Announces Two New On-Premises SharePoint Vulnerabilities
Introduction On July 19, 2025, Microsoft announced two new vulnerabilities that are actively being exploited (CVE-2025-49704 and CVE-2025-49706) and that relate to on-premises Microsoft SharePoint instances that are exposed to the internet. CVE-2025-49704 is a remote code execution (RCE) vulnerability, which allows an attacker to run malicious code on a target system. CVE-2025-49706 is […]
FCC Announces New National Security Unit Focusing on State-Sponsored Cyber Threats
On March 13, 2025, the Federal Communications Commission’s (“FCC”) Chairman Brendan Carr announced the creation of a Council on National Security (the “Council”) with Adam Chan serving as the Director. This new Council will be comprised of eight Bureaus and Offices within the FCC and will “leverage the full range of the Commission’s regulatory, investigatory, […]
Texas AG Files Complaint Against Major Insurance Company Regarding Data Practices
The Texas Office of the Attorney General recently has become increasingly interested in the practices of organizations who collect and utilize consumer data. On January 13, 2025, the Attorney General of Texas, Ken Paxton, (the “Texas AG”) filed a complaint (the “Complaint”) against a large insurance entity and its subsidiary company (“Defendants”). The Complaint outlines […]