The New York Department of Financial Services has released an extensively revised cybersecurity regulation applicable to the wide variety of financial services companies regulated by the NYDFS.
On September 9, 2016, the New York Department of Financial Services (NYDFS) proposed a long-awaited regulation setting out cybersecurity requirements for financial services companies, including any company authorized to operate pursuant to a “license, registration, charter, certificate, permit, accreditation or similar authorization” under the insurance law.
