The insurance industry faces increasing scrutiny from the New York Department of Financial Services (NYDFS) under 23 NYCRR Part 500, a robust regulation aimed at protecting sensitive consumer data. For insurance companies operating in New York, compliance isn’t just a requirement, it’s an opportunity to build trust and demonstrate a commitment to safeguarding policyholder information. […]
Ensuring compliance with the New York Department of Financial Services (NYDFS) Cybersecurity Regulation is crucial for financial institutions operating in New York. However, common missteps can lead to non-compliance, resulting in potential fines and increased vulnerability to cyber threats. Below are some frequent pitfalls and strategies to avoid them:Comprehensive risk assessments are the cornerstone of […]
The New York State Department of Financial Services (NYDFS), a leader in regulating financial and insurance institutions, has established rigorous cybersecurity standards to protect against evolving threats. The 2017 Cybersecurity Regulation (23 NYCRR Part 500) marked a significant milestone in strengthening the cyber defenses of regulated entities. As we approach 2025, the NYDFS has introduced […]
Black Friday and Cyber Monday have become synonymous with record-breaking online transactions and sales. However, as businesses gear up for the rush, so do cybercriminals. In 2023 alone, cyberattacks surged by 85% during these peak shopping days, exposing businesses to threats ranging from phishing schemes to ransomware attacks. As 2024 approaches, the stakes are even […]
Healthcare organizations are handling more data than ever, much of it if not all, in the form of Protected Health Information (PHI). With digitized records, telemedicine, and interconnected devices, securing PHI is essential. Managed IT services tailored to healthcare play a critical role in protecting PHI, streamlining operations, and ensuring compliance with HIPAA, HITECH, and […]
The New Face of Managed IT ServicesAI and automation are reshaping industries, with Managed Service Providers (MSPs) leading the charge in adopting these technologies. Businesses can stay agile and competitive by automating routine tasks, improving cybersecurity, and enabling scalable solutions.Understanding how AI and automation impact managed IT services opens opportunities to optimize operations, reduce costs, and […]
It’s a data-driven world and the financial case for outsourcing IT is not just anecdotal—it’s a statistically proven advantage. Managed IT Services, which streamline costs, boost operational efficiency, and enhance security, have shown measurable economic benefits across industries. With concrete data from the likes of Deloitte, IBM, and Gartner, businesses are making informed decisions about […]
Employee offboarding is a critical moment for both security and human resources. When an employee leaves—whether by resignation or termination—it can pose potential risks that, if not properly managed, can lead to data breaches, unauthorized access, or the loss of sensitive information. Along with handling the personal and logistical elements of an employee’s departure, HR […]
Proactive Continuity Planning: Protect Data Before Next Disaster Strikes Natural disasters, whether hurricanes, wildfires, or floods, strike without warning and can cause immense human suffering and business disruptions. The recent devastation from Hurricane Helene and the fast-approaching Hurricane Milton have brought a tragic loss of life and catastrophic infrastructural damage. Helene, which made landfall in […]
Data breaches have become a significant concern for organizations across industries, from healthcare and finance to legal. Effective preparation and a structured response plan are crucial for minimizing the impact of such incidents. This comprehensive guide provides actionable steps and insights based on recommendations from industry experts and authoritative sources.Preparation and PreventionEstablishing a robust Incident […]