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NYDFS Issues Report on the SolarWinds Attack and Covered Entities’ Responses

Posted on April 30, 2021 by Dissent

Kate Hanniford of Alston & Bird writes:

Following the SolarWinds cyber espionage attack (the “Attack”) and the resulting focus on supply chain risk, the New York Department of Financial Services (NYDFS) has issued a report detailing the impact on and responses by its regulated covered entities to the Attack.  Although there have been no reported instances of active exploitation of DFS-regulated companies as a result of the Attack, the networks of approximately 100 DFS-regulated companies were compromised as a result of the Attack.

Read more on Privacy, Cyber & Data Strategy Blog.

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Category: Commentaries and AnalysesFinancial SectorHackU.S.

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