The New Y orkDepartment of Financial Services fined a crypto company $1.2 million for not conducting proper information security risk assessments and for using templated policies, without customizing them to fit the company.
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{
"uri": "/2023/05/26/department-of-financial-services-consent-order-shows-risk-in-adopting-template-data-protection-policies-411-29865/",
"title": "The Risk in Adopting Templated Data Protection Policies",
"byline": "F. Paul Greene",
"kicker": "Best Practices",
"prettyDate": "May 26, 2023",
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"summary": "The New Y orkDepartment of Financial Services fined a crypto company $1.2 million for not conducting proper information security risk assessments and for using templated policies, without customizing them to fit the company.",
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