NY Cybersecurity Requirements Archive
In case you didn’t already know, banks are prime targets for cyber criminals. Financial organizations suffered 52 data breaches last year, according to figures from the Identity Theft Resource Center, and 72,000 records were compromised. With number of cyber attacks …
The New York Department of Financial Services (NYDFS) Cybersecurity Regulation came into effect on March 1,2017. Among the requirements organizations must follow is the need to report data breaches within 72 hours of their discovery. This is a drastic strengthening …
Even after relaxing many of its proposed terms, the New York Department of Financial Services’ (NYDFS) cybersecurity regulation was still called “one of the most, if not the most, prohibitive and burdensome cybersecurity regulations” by the National Law Review earlier …
February 2018 sees the first set of compliance and reporting deadlines for the New York Department of Financial Services’ (NYDFS) Cybersecurity Requirements, but a Ponemon Institute survey claims that NYDFS-covered companies are far from prepared. It found that 53% of …
We’re less than three months away from the 180-day transition period of the New York Department of Financial Services’ (NYDFS) Cybersecurity Requirements. By August 28, 2017, Covered Entities must meet the following requirements: Section 500.02: Maintain a documented, risk-based cybersecurity …
By August 28, organizations that are regulated by the New York Department of Financial Services (NYDFS) will have to comply with the first part of the Cybersecurity Requirements, which includes maintaining a cybersecurity policy and program. The cybersecurity program should …
With ISO 2700 being acknowledged as the de facto global information security management standard, it’s not surprising that ISO 27001 certificates are the key to building a successful career in information security management. Annual salaries for cybersecurity jobs in the …
If you’ve been following our coverage of the New York Department of Financial Services’ (NYDFS) Cybersecurity Requirements, you should have a reasonable grasp of what it will do, who it applies to, and who is exempt from it. However, law …
Over the past few months, we’ve discussed how the New York Department of Financial Services’ (NYDFS) Cybersecurity Requirements will affect a number of sectors, including the insurance industry. But now, over halfway through the Regulation’s 180-day transition period, the New …
(A version of this blog was originally published on April 19, 2017.) The discussion surrounding the New York Department of Financial Services’ (NYDFS) Cybersecurity Requirements has largely focused on financial institutions based in New York State. However, it’s worth remembering …
