October 21, 2021

Volume XI, Number 294

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October 21, 2021

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NYDFS Superintendent Lacewell Resigns: Cyber to Remain a Priority Going Forward?

This week Linda Lacewell, Superintendent of New York’s Department of Financial Services (“DFS”), announced her resignation effective August 24.  Ms. Lacewell was nominated in 2019 by Governor Cuomo, having previously served as his Chief of Staff.  Cybersecurity had been a top priority for DFS under Lacewell’s leadership, as she called it the “number one threat” facing industry and the government.  The Cyber Insurance Risk Framework announced by DFS earlier this year was the first guidance by a U.S. regulator on cyber insurance.  In June, DFS issued additional guidance on preventing ransomware attacks with a focus on cybersecurity controls.  Additionally, DFS announced several cybersecurity settlements this year.

© Copyright 2021 Squire Patton Boggs (US) LLPNational Law Review, Volume XI, Number 230
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About this Author

Kristin L. Bryan Litigation Attorney Squire Patton Boggs Cleveland, OH & New York, NY
Senior Associate

Kristin Bryan is a litigator experienced in the efficient resolution of contract, commercial and complex business disputes, including multidistrict litigation and putative class actions, in courts nationwide.

She has successfully represented Fortune 15 clients in high-stakes cases involving a wide range of subject matters.

As a natural extension of her experience litigating data privacy disputes, Kristin is also experienced in providing business-oriented privacy advice to a wide range of clients, with a particular focus on companies handling customers’ personal data. In this...

216-479-8070
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