Since the HHS Office for Civil Rights’ (OCR) publication of a proposed rule to overhaul the HIPAA Security Rule in January 2025, many in the health care and privacy community have wondered whether the rule would quietly fade away. Some even hoped it might be “dead in the water.” However, despite sharp criticisms and industry […]
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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 […]
SEC Withdraws Proposed Cyber-Related Rule Applicable to Broker-Dealers And Signals SolarWinds Settlement on the Horizon
The Securities and Exchange Commission (SEC) recently announced the withdrawal of several Biden-era regulations, including a proposed rule that would have required a broad range of platforms and financial intermediaries (such as broker-dealers, clearing agencies, national securities exchanges, and transfer agents) to adopt policies and procedures that address cybersecurity risks. The proposed rule also would […]
New York Department of Health Issues Urgent Cybersecurity Warning Following U.S. Strikes on Iranian Nuclear Facilities
The New York State Department of Health has issued an urgent cybersecurity advisory (the Advisory) warning of increased threat levels and a higher likelihood of cybersecurity attacks from Iranian state-backed actors following U.S. military strikes on the Fordow, Natanz, and Isfahan nuclear facilities in Iran. The Advisory warns that “intelligence sources indicate a high likelihood […]
Additional Cybersecurity Requirements of NYDFS Part 500 Take Effect Today
Today, on May 1, 2025, additional enhanced cybersecurity controls required by the Second Amendment to the New York Department of Financial Services (NYDFS) Cybersecurity Regulation (23 NYCRR Part 500) (the “Second Amendment”) take effect. Although the Second Amendment was originally adopted in November of 2023, NYDFS established a multi-year rollout of the Second Amendment’s requirements, […]