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Financial Firm Breach

The number of reported cyber hack incidents has surged in the past few years, indicating a growing urgency in cyber security. This is evident from the Financial Conduct Authority’s (FCA) receipt of 98 reports of cyber incidents across all regulated firms, along...

Mortgage Broker Breach

In early March 2021, the New York State Department of Financial Services (“DFS”) issued a consent order for Residential Mortgage Company to pay $1.5 million due to non-compliance with Cybersecurity Regulation, Part 500 of Title 23 of the New York Code....

Letting Agents Cautioned

UK letting agents are being cautioned by the National Association of Estate Agents (NAEA) to reassess their data practices following a landmark case involving Deutsche Wohnen, a Berlin-based property company. The company was recently fined €14.5m (£12.4m) for...