Englewood, Colo. -- Harvest is excited to welcome Eric Hammond to the team in the role of Chief Technology Officer. Hammond brings a diverse background of experience in designing and implementing technology-based solutions to improve operational efficiencies in growth environments. Hammond was formerly a VP and Division Manager at Leidos and prior to that was a senior program manager and systems engineering manager at Raytheon and Lockheed Martin. Hammond has a proven track record of building teams and running complex technology projects under exacting standards. More importantly, Hammond recognizes the importance of cultivating and nurturing personal relationships, prioritizing human connections over technology, and consistently placing both internal and external customers at the forefront of his efforts.
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Several amendments from NYDFS’s cybersecurity regulations on financial services will go into effect on November 1. As previously covered by InfoBytes, in June 2023, NYDFS published an updated amendment to 23 NYCRR 500 imposing cybersecurity regulations. These new rules mandate multi-factor authentication for all individuals accessing information systems, including remote access to third-party applications and privileged accounts, unless the entity qualifies for a limited exemption. Additionally, annual cybersecurity training must now cover social engineering tactics, such as phishing and AI-enhanced techniques like deepfakes.
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The CFPB has banned private dispute resolution platform Ejudicate from arbitrating disputes about consumer financial products, saying that the company had misled student borrowers about the company’s neutrality and initiated sham arbitration proceedings.
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