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Lance Taubin

NYDFS Issues Guidance on Cybersecurity Controls to Combat Ransomware and Clarifies Reporting Obligations

July 3, 2021 By Lance Taubin, Kate Hanniford and Kim Peretti

The New York Department of Financial Services (NYDFS) issued new guidance this week intended to assist organizations in thwarting ransomware attacks. The guidance clarifies the NYDFS’ expectation that NYDFS-regulated companies should “implement these controls whenever possible” and report any successful deployment of ransomware or unauthorized access to privilege accounts to the NYDFS under its established […]

Filed Under: Board Governance & Cyber Risk Management, Privacy & Cyber Regulatory Enforcement Tagged With: Ransomware

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