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Tag Archives: Office of Compliance Inspections and Examinations

Posted in Data Protection & Privacy Harriet Pearson

New York State Proposes Cybersecurity Regulation for Financial Services Institutions

On September 12, New York Governor Andrew Cuomo broke new ground in proposing a state-level regulation that would require banks, insurance companies, and other financial services entities regulated by the New York Department of Financial Services (“NYDFS”) to establish formal cybersecurity programs.

Having a written cybersecurity policy and a designated chief information security officer responsible for overseeing a company’s cybersecurity … Continue Reading