On December 7, 2021, the New York Department of Financial Services (“NY DFS”) released an industry letter providing guidance on Multi-Factor Authentication (“MFA”). MFA, which requires users of information systems to provide an additional “factor,” often through a one-time code or push notification to their mobile device, in addition to their password when accessing information systems.
Alex Cox
Contact:Read more about Alex Cox
NYDFS Alerts Insurance Industry on Cyber Threats to Auto Quote Functions
Posted in Privacy/Data Security/Cyber Risk, United States
The New York Department of Financial Services (NYDFS) has now released a pair of alerts on the increase in cyberattacks on public facing insurance websites that provide instant quoting services to customers. If you provide instant online quoting through your website, it is imperative that you review your system’s security and the methods you use to provide instant quotes.…