Today, the New York Department of Financial Services (DFS) released a revised version of the proposed cybersecurity regulations that it first issued in September. According to a press release issued by DFS Superintendent Vullo, the new version of the proposed rules will be finalized following a 30-day notice and public comment period. Among the most […]
New York Department of Financial Services
New York State Financial Services Regulator Issues Proposed Cybersecurity Regulations
On September 13, 2016, Governor Andrew Cuomo announced the issuance of proposed “first-in-the-nation” cybersecurity regulations for entities regulated by the New York Department of Financial Services (DFS), including jurisdictional banks, insurance companies, and other financial institutions. The proposed regulation will be subject to a 45-day comment period prior to being issued as a final rule. […]