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New state law requires quick reporting of cybersecurity, ransomware incidents
ALBANY, N.Y. — A new state law is now effect that requires all municipal corporations and public authorities to report cybersecurity incidents within 72 hours and ransomware payments within 24 hours to the New York State Division of Homeland Security and Emergency Services (DHSES). Within 30 days of making a ransomware payment, the victim organization […]
VIEWPOINT: Title VI Coordinator Mandate for N.Y. Universities Signed into Law
As colleges and universities across New York welcomed students back to campus this fall, New York State Gov. Kathy Hochul signed into law a new requirement for all New York higher-education institutions to appoint a Title VI coordinator and undertake related training and notifications to their communities. The law, which had bipartisan backing in both
Wolfspeed emerges from Chapter 11 bankruptcy protection
Wolfspeed, Inc. (NYSE: WOLF), a company specializing in silicon-carbide technologies, on Monday announced the completion of its financial-restructuring process and emergence from Chapter 11 bankruptcy
New York’s top financial regulator leaving office after four years; successor named
ALBANY, N.Y. — Gov. Kathy Hochul on Monday announced that Adrienne Harris, who has served as superintendent of the New York State Department of Financial
New York is now mailing inflation-refund checks to more than 8 million households
ALBANY, N.Y. — New York State is now sending its first-ever inflation-refund checks of up to $400 to 8.2 million households statewide. As of Friday,
DiNapoli: Former treasurer of Oneida County fire department pleads guilty to stealing over $92K
DURHAMVILLE, N.Y. — The former treasurer of the Durhamville Fire Department in Oneida County pleaded guilty to stealing over $92,000 from the fire department over a seven-year period. As part of the plea, Kimberly Simchik, 62, of Durhamville will pay restitution of just over $92,000 and faces 1 to 3 years in jail at sentencing.
Binghamton leaders join YWCA to urge support for affordable housing, childcare project
BINGHAMTON, N.Y. — Local leaders joined representatives of the YWCA of Binghamton and Broome County to urge the state to support the YWCA’s $35 million
Northern New York credit union votes to merge with AmeriCU Credit Union
ROME, N.Y. — The members of Mountain Valley Federal Credit Union in the northeastern part of New York have voted to merge their credit union
DiNapoli: State Thruway Authority has improved the accuracy of toll collections
ALBANY, N.Y. — The New York State Thruway Authority generally bills drivers accurately for tolls. That’s according to an audit that New York State Comptroller Thomas DiNapoli released Tuesday. The audit identified some exceptions and recommended better monitoring and corrective actions. “The Thruway Authority has come a long way since it first introduced cashless tolls,
VIEWPOINT: How the OBBBA’s Tax Reform Could Fuel Your Company’s Growth
The One Big Beautiful Bill Act (OBBBA), a sweeping tax-reform package that includes significant provisions for businesses of all sizes, was signed into law on July 4. While many headlines have focused on individual tax cuts, the bill contains several game-changing business provisions that deserve the attention of every entrepreneur, CFO, and business owner. Three
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