New York Increases Cybersecurity Rules for Financial Companies
Schneier on Security
NOVEMBER 3, 2023
Another example of a large and influential state doing things the federal government won’t: Boards of directors, or other senior committees, are charged with overseeing cybersecurity risk management, and must retain an appropriate level of expertise to understand cyber issues, the rules say. Directors must sign off on cybersecurity programs, and ensure that any security program has “sufficient resources” to function.
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