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Cybersecurity incidents and data compromises continue to plague financial institutions on a seemingly daily basis. Without a proper response plan in place, financial institutions risk significant damage to their reputation and operations >
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Recent Posts
- Blog: Data Security Law BlogNew York Launches Cybersecurity UnitPosted on May 21, 2019 by Kade N. Olsen, Michael F. Buchanan, Craig A. NewmanToday, New York’s top financial regulator, the Department of Financial Services, announced the formation of a dedicated “Cybersecurity Division.” In a news release issued earlier today, the agency said the new division “will focus on protecting consumers and industries from cyber threats ….” Linda A. Lacewell, the agency’s acting Superintendent, explained that “[i]ncreasingly today, counterterrorism [...]
- Blog: Haynes and Boone BlogsIRS Opens Determination Letter Program to Merged Plans and Hybrid PlansPosted on May 9, 2019 by Haynes and Boone Benefits GroupIn Revenue Procedure 2019-20, the IRS extended the determination letter program, effective as of September 1, 2019, to include merged plans resulting from a corporate merger or similar transaction. For a merged plan to be eligible for a favorable determination letter, (i) the date of the plan merger must occur no later than the last […] The post IRS Opens Determination Letter Program to Merged Plans and Hybrid Plans appeared first on Haynes and Boone Blogs.
