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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 with...

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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. This...

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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...

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