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New York Enhances Cybersecurity Regulations of Financial Services

SecureWorld News

On November 1, 2023, the New York Department of Financial Services (NYDFS) took a significant step toward strengthening cybersecurity defenses across the financial sector by finalizing amendments to Part 500 of its cybersecurity regulations.

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New York Financial Services Firms to Face More Cybersecurity Oversight

SecureWorld News

The New York State Department of Financial Services (NYDFS) is proposing an amendment to its regulations that will require financial services companies to up their cybersecurity game. Require the CISO to provide a written report at least annually to the board or equivalent governing body.

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Predictions for 2023 API Security

CyberSecurity Insiders

Prediction #3: Financial services will lead other verticals in addressing API security issues. Global regulators need to develop API-specific security regulations, rather than relying on data protection regulations such as HIPAA, GDPR, PCI, and others to govern these digital connections.

CISO 118
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Importance of Cybersecurity Profession Highlights SecureWorld Chicago

SecureWorld News

And so we think about different types of cybersecurity risk and how those risks or vulnerabilities or threat actors can actually impede that ability or an organization to meet those objectives," said Mary Faulkner, CISO at Thrivent, one of four panelists that took the stage to kick off the conference.

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NYDFS Cybersecurity Regulations: A glimpse into the future

Thales Cloud Protection & Licensing

The cybersecurity regulation ( 23 NYCRR 500 ) adopted by the New York State Department of Financial Services (NYDFS) is nearly two years old. Leading up to that date, companies have had to meet several milestones including hiring a CISO, encrypting all its non-public consumer data and enabling multi-factor authentication.

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Implementing New York DFS Cybersecurity Regulations: Where Are You in the Process?

NopSec

Here at NopSec, we’ve spoken with a number of financial organizations about where they are in the process of meeting the new New York Department of Financial Services (DFS) cybersecurity regulations that went into effect on March 1, 2017. Contracting with a virtual CISO is also an option.

CISO 40
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Protecting Sensitive Data with Luna Key Broker for Microsoft Double Key Encryption

Thales Cloud Protection & Licensing

Today’s remote working environment relies heavily on the collaborative sharing of information, challenging organizations to maintain the security of confidential data and regulatory compliance while driving employee productivity.