News & Analysis as of May 8, 2025

New York

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Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk... more +

Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk management, global regulations, data protection, leaks, hacking, cyber insurance, compliance, HIPAA, and every other aspect of cybersecurity of import to corporate readers right now. less -

New York Cybersecurity Regulation Requires Submission of Compliance Certification or Acknowledgement of Noncompliance Next Week

Quarles & Brady LLP on 4/10/2025

On April 3, 2025, the New York State Department of Financial Services (“DFS”) issued reminders about upcoming implementation and reporting deadlines related to its cybersecurity regulations. Upcoming deadlines require...more

May 1 Deadline for Amendments to NY Department of Financial Services Cybersecurity Standard

Harris Beach Murtha PLLC on 2/28/2025

New York State’s Department of Financial Services is warning all regulated entities has released a Cybersecurity Regulation Updates and Reminder warning all companies that all regulated entities without a full exception that...more

Lessons from PayPal’s $2 Million Cybersecurity Settlement with the New York State Department of Financial Services

Faegre Drinker Biddle & Reath LLP on 2/14/2025

On January 23, 2025, PayPal settled an enforcement action brought by the New York State Department of Financial Services (NY DFS) for failing to comply with cybersecurity regulations required for financial services businesses...more

New Year, New Protections for New York Artists and AI-Generated Replicas

Sheppard Mullin Richter & Hampton LLP on 1/7/2025

New York has a new AI-related law which took effect January 1. The law regulates creation and use of digital replicas of an individual’s voice or likeness and is similar to those in California and Tennessee....more

New York State Department of Health Adopts Hospital Cybersecurity Regulations

Husch Blackwell LLP on 11/13/2024

In November 2023, New York Governor Kathy Hochul announced proposed regulations that would be the first state regulations for hospitals in New York. The governor described the proposed regulation as a “nation-leading...more

AI at the gate: NYDFS issues guidance on addressing new AI-driven cybersecurity risks under existing cybersecurity requirements

Eversheds Sutherland (US) LLP on 10/30/2024

On October 16, 2024, the New York State Department of Financial Services (DFS) issued an industry letter providing guidance on how DFS-regulated entities (covered entities) should be evaluating and responding to artificial...more

Amendments to NYDFS’ Cybersecurity Regulations Take Effect November 1

Sheppard Mullin Richter & Hampton LLP on 10/29/2024

The New York Department of Financial Services has modified its cybersecurity requirements for regulated entities. These requirements are in addition to those included in the regulations as last updated in November of last...more

NY-licensed financial services companies must harden incident response plans, improve breach readiness by November 1

Constangy, Brooks, Smith & Prophete, LLP on 10/28/2024

New York’s Cybersecurity Regulation continues its phased roll-out on November 1, when licensed financial services companies face a host of new requirements aimed at bolstering breach readiness and improving their ability to...more

Privacy Tip #393 – Phishing, Smishing, Vishing and Qrishing Schemes Continue to Dupe Users

Robinson+Cole Data Privacy + Security Insider on 4/12/2024

The recent increase in smishing and vishing schemes is prompting me to remind readers of schemes designed to trick users into providing credentials to perpetrate fraud. We have previously written on phishing, smishing,...more

NY State Bar Association Joins Florida and California on AI Ethics Guidance – Suggests Some Surprising Implications

Sheppard Mullin Richter & Hampton LLP on 4/8/2024

The NY State Bar Association (NYSBA) Task Force on Artificial Intelligence has issued a nearly 80 page report (Report) and recommendations on the legal, social and ethical impact of artificial intelligence (AI) and generative...more

Privacy Briefs: January 2024

Health Care Compliance Association (HCCA) on 1/17/2024

New York has released proposed cybersecurity regulations for hospitals. The regulations, which were published in The State Register on Dec. 6 and will undergo a 60-day public comment period ending on Feb. 5, are designed to...more

New York May Be Paving the Way for State-level Cybersecurity Regulations on Health Care Facilities

Cozen O'Connor on 11/29/2023

Last month, a cyberattack forced two New York hospitals to divert and even discharge some patients to other facilities, while the affected hospitals shut down their IT systems to address the issue and restore their secure...more

New York’s Department of Financial Services Moves to Further Bolster Cybersecurity Requirements

Jackson Lewis P.C. on 8/17/2023

The New York Department of Financial Services (DFS) has been increasingly active in enforcing the rigorous cybersecurity requirements imposed on “covered entities” under 11 NYCRR Part 500 (Reg 500). DFS has published an...more

NYSDFS Fines Lender and Mortgage Servicer $4.25M for Cybersecurity Failures Including Vendor Management

Jackson Lewis P.C. on 5/26/2023

Yesterday, New York’s Department of Financial Services (“DFS”) announced another enforcement action under the state’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R. Part 500 (“Reg 500”). According...more

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