Category: NYDFS Cyber-Security

4 New York DFS Cybersecurity Deadlines You Should Know

New York Department of Financial Services (NYDFS) has enacted 23 NYCRR Part 500, a new regulation designed to establish a cybersecurity baseline for financial service companies, which went into effect on March 1, 2017. Generally speaking, this mandate applies to financial services firms such as banks and insurance companies licensed by the state of New York.