cybersecurity regulations News

New York Updates Financial Services Cybersecurity Regulation to Address AI Risks

The New York Department of Financial Services (DFS) has issued new guidance to assist the more than 3,000 financial firms including insurers it regulates in addressing cybersecurity risks arising from artificial intelligence (AI). In a letter to companies, DFS Superintendent …

Trust But Verify: New York Cyber Regs Mean Managing Third-Party Security

This year, the beginning of September marked a critical implementation deadline for some of the toughest new cybersecurity regulations in the country – the New York State Department of Financial Services (NYDFS) 23NYCRR 500. This set of regulations mandates that …

New York’s Cybersecurity Regulation Compliance Requirements Go Into Effect

Financial Services Superintendent Maria T. Vullo reminded all entities covered by the New York State Department of Financial Services’ (DFS) cybersecurity regulation that yesterday, August 28, 2017, was the first compliance date of this first-in-the-nation cybersecurity regulation. “With cyber-attacks on …