25 NYCRR 500

NY DFS Releases Cybersecurity Requirements for Financial Service Companies

New cybersecurity regulations are set to go into effect on March 1, and NY-based financial firms need to be prepared. Announced  in September 2016, the new cybersecurity regulation, known as 23 NYCRR 500, was developed to “guarantee the financial services industry upholds its obligation to protect consumers and ensure that its systems are sufficiently constructed to prevent…

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