NYDFS settles cybersecurity regulation matter for $3 million
Data Protection Report
APRIL 22, 2021
Readers may recall that NYDFS’ cybersecurity regulation went into effect in March of 2017. The regulation requires that a licensee report a cybersecurity event to NYDFS within 72 hours of its determination of the event. NSC reported a second cybersecurity event to NYDFS on May 12, 2020.
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