NY DFS

NYDFS Asks Financial Services Organizations for COVID-19 Preparedness Plans

In the wake of the emerging coronavirus (COVID-19) pandemic, the New York Department of Financial Services (NYDFS) is asking regulated entities to provide the department with preparedness plans. Because working remotely often introduces new gaps in an organization’s attack surface, increases the likeliness of employees using personal devices to access company data, and less stringent…

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NY DFS Tightens Screws on 3rd Party Cyber-Risk for Financial Firms

ACE IT Solutions Managing Partner, Warren Finkel, recently spoke to FinOps about New York State’s Department of Financial Services new rules on managing cyber-risks and how banks are expected to protect critical non-public customer data. “Out of sight doesn’t mean out of mind when it comes to following New York State’s new rigorous rules on…

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