Tag Archives: NY DFS Cybersecurity Regulation

NYDFS Files Formal Charges Against Insurance Company for Violations of New York’s Cybersecurity Regulation

As predicted in our February 4, 2020 blog post, the New York Department of Financial Services (“DFS”) has filed its first formal charges for violation of the state’s cybersecurity regulation. The charges were filed against an insurance company for allegedly violating several provisions of Part 500 of Title 23 of the New York Codes, Rules, … Continue Reading

Enforcement of the NYDFS Cybersecurity Regulation Coming in the Near Future

The NY Department of Financial Services Cybersecurity Regulation, 23 N.Y. Comp. Code R. & Regs. § 500, provides for the protection of customer information and information technology systems of Covered Entities, in recognition of the “ever growing threat posed to information and financial systems by nation-states, terrorist organizations and independent criminal actors.” The Cybersecurity Regulation … Continue Reading
LexBlog