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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.

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Top 12 Cloud Security Best Practices for 2021

eSecurity Planet

Experts recommend that organizations look for an IAM solution that allows them to define and enforce access policies based on least privilege. Additionally, multi-factor authentication (MFA) can further reduce the risk of malicious actors gaining access to sensitive information, even if they manage to steal usernames and passwords.

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New York’s Breach Law Amendments and New Security Requirements

Data Protection Report

Private information” is also separately defined to mean user name or e-mail address in combination with the password or security question and answer—without any need for “personal information.”. New York retains its very broad definition of “personal information” (“any information concerning a natural person, which, because of name.

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An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

Recent guidance from the Securities and Exchange Commission (SEC) on disclosure and enforcement actions by the Federal Trade Commission (FTC) make clear that cybersecurity is no longer a niche topic, but a concern significant enough to warrant the oversight of corporate boards of directors.

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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

Cyble Vision can integrate with an existing SIEM or SOAR and provide incident response, threat analysis, and vulnerability management. Ethyca is compliance -focused as regulatory enforcement becomes an essential part of data privacy. Startup Est Headquarters Staff Funding Funding Type Ethyca 2018 New York, NY 44 $27.5 GitGuardian.