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How to Use New CSBS Cybersecurity Examination Tool

Any nonbank institution looking to protect against, mitigate and respond to cybersecurity threats should take advantage of the Conference of State Bank Supervisors’ (CSBS) new cybersecurity examination tool.  Unveiled during the Nationwide Multistate Licensing System Annual Conference in February, the resource is designed for state regulators to use during examinations, and for organizations to self-evaluate…
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Data Protection During a Global Crisis

As the deadly COVID-19 pandemic rages on, public and private entities alike rush to find a cure, a vaccine, and at the very least, methods for limiting the uncontrolled multiplication of the virus. But exploring every possibility must be balanced with the protection of data privacy – and that can be difficult.  Take for example…
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Privacy Cage

Privacy Cages: The End of Data Privacy Laws? 

Evervault, a Dublin-based data privacy company has raised $16 million in its Series A funding round led by Index Ventures. This takes the total raised by the company to $19 million, giving it crucial resources to “build the API (application programming interface) for data privacy.” The company, founded by Shane Curran, has a simple manifesto:…
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Senate Introduces Ransomware Notification Mandate 

The US Senate has introduced a bill that would require businesses with more than 50 employees to report ransomware payments within 24 hours.  (S. 2666), the “Sanction and Stop Ransomware Act of 2021,” was introduced by the Senate Homeland Security Committee and Governmental Affairs Committee and also would apply to nonprofits, state and local government…
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