Financial regulators including the Securities and Exchange Commission (“SEC”) continued to focus on data protection and cybersecurity issues throughout 2025. With the amendments to the Safeguards Rule and Disposal Rule of Regulation S-P officially taking effect, the SEC is continuing to assert a more prominent role in data protection, a trend that will undoubtedly continue and likely expand throughout 2026.Continue Reading On the Seventh Day of Data… The Growing Pains of Regulation S-P in 2025
In 2024, financial sector regulators prioritized cybersecurity issues impacting financial institutions and the public. Key U.S. federal agencies—including the Securities and Exchange Commission, Federal Trade Commission, and the Consumer Financial Protection Bureau—have been joined by state regulators such as the New York Department of Financial Services in significant new federal and state regulations and more
Throughout 2024, financial sector regulators sharpened their focus on data protection and cybersecurity issues impacting financial institutions and the public. Key federal agencies like the Securities and Exchange Commission (“SEC”), the Federal Trade Commission (“FTC”), and the Consumer Financial Protection Bureau (“CFPB”) have been joined by state regulators, such as the New York Department of Financial Services (“NYDFS”), in proposing and finalizing significant rulemaking, pursuing novel enforcement actions, and issuing influential guidance. 2025 promises to be a continuation of this considerable trend. Continue Reading Dashing Through Cybersecurity Regulations in the Financial Services Sector in 2024