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NYDFS releases major update to Part 500 cybersecurity requirements for financial services companies

Data Protection Report

On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. Some requirements also apply specifically to larger covered entities falling under the “Class A companies” category. f), is sufficient to trigger this new notice requirement.

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New SEC Cybersecurity Rules Could Affect Private Companies Too

eSecurity Planet

Securities and Exchange Commission (SEC) strongly advised public companies to improve their cybersecurity. However, after minimal corporate adoption of stronger cybersecurity, the SEC has drafted rules to require more formal cybersecurity reporting and disclosure. See the top Governance, Risk & Compliance (GRC) tools.

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What Is Integrated Risk Management? Definition & Implementation

eSecurity Planet

Integrated risk management identifies and eliminates unnecessary complexities to simplify risk analysis and threat control and introduces optimized operational performance as a potential side effect. In this stage, incorporate governance or compliance concerns and establish the risk appetite (maximum amount of losses tolerable).

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What is a Managed Security Service Provider? MSSPs Explained

eSecurity Planet

Cybersecurity can be difficult to implement, and to make matters worse, the security professionals needed to do it right are in short supply. This article will explore the nature of MSSPs and how they can help businesses, nonprofits, governments, and other organizations have better security with less effort.

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Strengthening cybersecurity in life sciences with IBM and AWS

IBM Big Data Hub

Cloud computing offers the potential to redefine and personalize customer relationships, transform and optimize operations, improve governance and transparency, and expand business agility and capability. Leading life science companies are leveraging cloud for innovation around operational, revenue and business models.

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Best Incident Response Tools and Services for 2021

eSecurity Planet

With major cybersecurity incidents an almost daily occurrence, organizations need an incident response plan for the likelihood that they will someday be breached. It combines deep security analysis experience together with Cynet 360 investigative and security technology. Key Differentiators. Key Differentiators.

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How to Find & Choose IT Outsourcing Services

eSecurity Planet

Most organizations seek to eliminate these risks by outsourcing specific projects or even their full IT or cybersecurity needs. However, a search for IT outsourcing, MSP, VAR, or a similar sub-category will produce many more results about the topic than potential candidates. IT technology (Cisco Live, Palo Alto Ignite, etc.)

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