Lender Agrees to $1.5M Fine for Violating N.Y. Cybersecurity Regulation

March 10, 2021

A lender headquartered in Maine agreed to a $1.5 million fine for violating several provisions of New York’s cybersecurity regulations after an employee’s email account was compromised due to a phishing attack. Read on to learn what this consent order means to companies that are licensed to operate in New York.

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