News & Analysis as of

Multi-Factor Authentication New York

Constangy, Brooks, Smith & Prophete, LLP

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

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

Paul Hastings LLP

Reminder: More New York Department of Financial Services (NYDFS) Requirements Go Into Effect Next Month

Paul Hastings LLP on

As we have previously written, late last year the New York Department of Financial Services (NYDFS) adopted long-awaited amendments to its Part 500 Cybersecurity Regulations (Part 500). These are some of the most significant...more

Cozen O'Connor

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

Cozen O'Connor on

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

Jackson Lewis P.C.

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

Jackson Lewis P.C. on

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

ArentFox Schiff

New York Pushes For New Cybersecurity Requirements For Financial Services Companies

ArentFox Schiff on

The New York State Department of Financial Services (DFS) has set forth a revised proposed second amendment to 11 NYCRR Part 500, the regulation regarding cybersecurity requirements for financial services companies (the...more

Sheppard Mullin Richter & Hampton LLP

New York AG Releases Guide for Business Data Security

New York Attorney General Letitia James recently published a guide to help companies in preparing their data security programs and responding to data security incidents. The security program recommendations are paired with...more

Cozen O'Connor

New York AG’s Office Offers Businesses Tips for Securing Consumer Data

Cozen O'Connor on

New York AG Letitia James released a guide for businesses with tips to keep consumers’ personal data secure based on common data security failures that the OAG identified in recent investigations....more

Wiley Rein LLP

New York State Department of Financial Services Proposes Updates to Cybersecurity Regulation

Wiley Rein LLP on

On July 29, 2022, the New York Department of Financial Services (DFS) released Draft Amendments to its Part 500 Cybersecurity Rules. These changes are open for a preliminary public comment until August 18, and then an...more

Rivkin Radler LLP

NY AG: All Businesses Should Take ‘Credential Stuffing’ Attacks Seriously

Rivkin Radler LLP on

Credential stuffing has quickly become one of the top attack vectors online, according to the Office of New York State Attorney General Letitia James (OAG). On January 6, 2022, the OAG announced the result of a sweeping...more

Faegre Drinker Biddle & Reath LLP

New York Department of Financial Services Issues New Guidance on Multi-Factor Authentication and Cybersecurity Frameworks

With cyberattacks continuing to plague the financial services industry, the New York Department of Financial Services (NYDFS) recently released new guidance for regulated entities related to the use of Multi-Factor...more

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