Anthropic’s April 7, 2026 announcement that it built a model too powerful for public consumption, Claude Mythos Preview (Mythos), marks a notable moment for the legal, compliance, and cybersecurity communities. It is no surprise that the US Department of the
Background
On January 7, 2025, North Dakota’s House Industry, Business, and Labor Committee introduced HB 1127, at the request of the Department of Financial Institutions. HB 1127 successfully passed through both legislative chambers and was signed into law by the
As data breaches and cyber attacks continue to surge and attackers become more sophisticated, organisations are well aware that the need for robust data security measures is becoming increasingly important.
In Hong Kong, the Office of the Privacy Commissioner for
On July 13, 2022, the Office of the Superintendent of Financial Institutions (OSFI) released its final Guideline B-13 (the Guideline), setting out technology and cyber risk management expectations for all federally regulated financial institutions (FRFIs), such as banks, insurance and
On March 10, 2020, the New York Department of Financial Services (NYDFS) issued guidance to all of its regulated institutions engaged in virtual currency business activity, requiring them to have plans for preparedness to manage the possible operational and financial risks posed by the COVID-19 pandemic. NYDFS requires the plans to be submitted by Thursday, April 9, 2020.
Please join us for a 40-minute briefing on the latest developments in cybersecurity and what the financial services sector needs to know in order to comply.
There are new regulatory initiatives at the international, US national and US state levels.
On 19 December 2016, the Hong Kong Monetary Authority (“HKMA”) announced the launch of the Enhanced Competency Framework on Cybersecurity (“ECF-C”).
Cybersecurity is rarely out of global news headlines. David Navetta and Marcus Evans have commented on the issue in the January 2016 edition of The Banker. The feature – “Cyber security – making banking safer” – looks how financial institutions are protecting their assets and customers’ data.