DFS Press Release: Cybersecurity Risk Alert

The Department of Financial Services (DFS) gave a formal press release that was distributed on January 4, 2020 outlining the heightened risk of cyber attacks from hackers affiliated with the Iranian government. There is a history with Iran launching cyber attacks against the U.S. and the financial services industry. DFS is urging all regulated entities to increase their vigilance against cyber attacks. Although there have been no noted attempts made, it is important to remain prepared to quickly respond if an event were to occur. They advised that Iranian-sponsored hackers typically resort to common hacking tactics such as email phishing, credential stuffing, password spraying and targeting unpatched devices. DFS asks that you notify them promptly of any significant or noteworthy cyber attacks.

Any questions or comments regarding this alert should be directed to CyberAlert@dfs.ny.gov.

Click the link below to read the full press release.

DFS Press Release – January 4, 2020