New York’s DFS reaches $4.5M settlement with health insurance provider
New York’s Department of Financial Services reached a $4.5 million settlement with EyeMed Vision Care over Cybersecurity Regulation violations that led to a July 2020 breach. The DFS found EyeMed’s failure to conduct adequate risk assessments, implement multifactor authentication, and limit user access privileges enabled a threat actor to access its email mailbox containing more than six years of consumers’ sensitive and personal health data. Under the settlement, EyeMed will conduct a cybersecurity risk assessment and develop a plan to address identified risks.