Author: FGC
On March 1, 2017, the new Cybersecurity Regulation to Protect Consumers and Financial Institutions proposed by Governor Andrew Cuomo took effect . This first-in-the-nation piece of legislation aims at protecting consumer data and financial systems from cyber-attacks of terrorist organizations and other criminal enterprises.
The Regulation requires banks, insurance companies, and other financial services institutions to maintain a cybersecurity program designed to protect consumers and New York State’s financial services industry.
See here for more information http://www.technethics.com…
Cybersecurity Requirements for Financial Services Companies is available at https://www.governor.ny.gov… Open PDF
Governor Cuomo’s announcement of new Cybersecurity Regulation is available at http://www.dfs.ny.gov…
For more information, Francesca Giannoni-Crystal and Federica Romanelli
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