On Thursday, September 16, 2022, the Consumer Financial Protection Bureau (“CFPB” or the “Bureau”) published a report (the “Report”) detailing the regulatory risks of Buy Now, Pay Later (“BNPL”) products…
Companies face increasing cybersecurity and AI risk from third-party vendors. Cybersecurity risks arise when companies share sensitive personal data or company information with their vendors or when their vendors have…
On January 12, 2021, the Federal Deposit Insurance Corporation (“FDIC”), the Office of the Comptroller of the Currency (“OCC”) and the Federal Reserve Board (“FRB”) (together the “Agencies”) published a…
Earlier this year, we shared a list of 13 technical and nontechnical measures companies can adopt to mitigate the risks of ransomware attacks. With ransomware and other malicious cyber-related attacks…
The New York State Department of Financial Services (“DFS”) issued a Statement of Charges and Notice of Hearing (the “Charges”) earlier today against First American Title Insurance Company (“First American”) for…
On June 9, Calvin A. Shivers, Assistant Director of the Criminal Investigative Division of the FBI, testified before the Senate Judiciary Committee regarding a variety of frauds during COVID-19, including…