NYDFS

January 9, 2023, was the deadline for financial services companies doing business in New York (including cryptocurrency entities with a Bit license) to comment on new proposed cybersecurity regulations which would mandate, ...

It’s been almost five years since the Final NYDFS Regulation, covered entities have now transitioned to a compliance phase. Let’s take a look at the current state of the regulation, but first ...

Will NYDFS’s Cyber Insurance Framework Set a Precedent for the Cyber Insurance Industry? As ransomware attacks reach unprecedented numbers and the number of record exposures continues to skyrocket, an increasing number of ...

Expired domains (ex-domains) have always been easy targets for hackers and cybercriminal groups. The bad news is that this trend is not going away anytime soon. In a bizarre turn of events, ...

23 NYCRR 500, also known as NYDFS Cybersecurity Regulation, is a law issued by the New York State Department of Financial Services (NYDFS) that mandates the enforcement of optimal data security standards ...

In our 2020 Trends blog, Imperva CTO Kunal Anand predicts that fully automated processes will make compliance more rapid and less expensive. As businesses incorporate security into software development lifecycles (SDLC), continuous ...

NYDFS Cybersecurity Regulation, 23 NYCRR 500 On March 1, 2017, the New York State Department of Financial Services (NYDFS) introduced new cybersecurity regulations for financial services companies that address the growing threat ...

The Sarbanes-Oxley Act (SOX) was introduced following a number of financial scandals involving huge conglomerates and obliges companies to establish internal controls to prevent fraud and abuse, holding senior managers accountable for ...

Cybersecurity is important for companies in all industries, however it's extremely critical for the financial sector. The state government of New York has provided assistance by adding additional security measures for the ...