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News/Cyber & Privacy/US NYDFS Settles Cybersecurity Regulation Matter for US$1.8M
Expert Opinion·Cyber & Privacy Brief

US NYDFS Settles Cybersecurity Regulation Matter for US$1.8M

On May 13, 2021, the New York Department of Financial Services (NYDFS) announced a $1.8 million settlement with two related insurance companies, relating to violations of two different requirements of the NYDFS cybersecurity regulation during the period 2018 to 2019.

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