Covered entities regulated by the New York State Department of Financial Services (NYDFS) must submit cybersecurity compliance forms by April 15, 2025. New sets of requirements for system monitoring and access privileges,...more
3/21/2025
/ Covered Entities ,
Cybersecurity ,
Data Security ,
Dutch Banking Association ,
Filing Deadlines ,
Financial Institutions ,
Financial Services Industry ,
Insurance Industry ,
New Regulations ,
NYDFS ,
Reporting Requirements ,
Risk Management
On December 24, 2024, New York Governor Kathy Hochul signed into law amendments to New York’s private-sector data breach notification law (General Business Law § 899-aa) and government agency data breach notification law (New...more
1/15/2025
/ Amended Legislation ,
Compliance ,
Corporate Counsel ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Data Security ,
Notification Requirements ,
NYDFS ,
Personal Data ,
Private Sector ,
Sensitive Personal Information ,
State Privacy Laws
On October 16, 2024, the New York State Department of Financial Services (NYDFS) released guidance highlighting the cybersecurity risks associated with artificial intelligence (AI) and how covered entities regulated by NYDFS...more
11/13/2024
/ Artificial Intelligence ,
Biometric Information ,
Covered Entities ,
Cyber Threats ,
Cybersecurity ,
Deep Fake ,
Financial Institutions ,
Financial Services Industry ,
Malware ,
Material Nonpublic Information ,
NYDFS ,
Personal Data ,
Risk Assessment ,
Risk Management ,
Risk Mitigation ,
Sensitive Personal Information ,
Supply Chain ,
Third-Party Service Provider
Financial institutions, insurance companies, and other businesses regulated by the New York Department of Financial Services (NYDFS) may need to take additional steps to comply with certain NYDFS cybersecurity regulations...more