This is the first webinar in the 2021 monthly series for Financial Services Companies. Please watch your inbox for an invitation to the next month's webinar.
The coming year will bring numerous challenges and developments for financial institutions. One primary area of focus will be on cybersecurity and data privacy. In 2021, we will see a new administration whose policies will affect the cybersecurity landscape in the United States. Additionally, we will see a variety of new regulatory initiatives affecting financial institutions including the continuing obligations under the CCPA and newly-imposed requirements (and an enforcement agency) under the CPRA, proposed amendments to the landmark GLBA, and action in New York with the NYDFS Cybersecurity Rule. On top of this, throughout 2020, and especially during the COVID-19 pandemic, we saw a substantial increase in cyberattacks and anticipate that they will continue in 2021. Join us as we analyze key cybersecurity and data privacy issues facing financial institutions in 2021, including:
- The Biden administration's anticipated approach to privacy issues;
- Obligations under the CCPA/CPRA;
- The continued rise of ransomware and other cyber-attacks;
- Incident response issues with a remote workforce;
- Vendor management considerations;
- The status of amendments to the GLBA Safeguards Rule;
- Updates on the NYDFS Cybersecurity Rule?