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Ransomware

Proposed Amendments to NY Financial Services Cybersecurity Regulations Impose New Obligations on Large Entities, Boards of Directors and CISOs

Hunton Privacy

AUGUST 15, 2022

A covered entity’s cyber program must include phishing training and exercises, as well as monitoring and filtering of emails to block malicious content. of the Proposed Amendments, must contain proactive measures to mitigate disruptive events ( e.g. , ransomware events) and ensure operational resilience.

Financial Services

Financial Services Cybersecurity Risk Passwords

NYDFS proposes significant cybersecurity regulation amendments

Data Protection Report

AUGUST 11, 2022

Covered entities must also periodically test their incident response plans (including “disruptive events such as ransomware,” which NYDFS specifically would require) and their ability to restore systems from backups. The draft amendments would also require that relevant employees be trained for their implementation. Extortion Payments.

Cybersecurity

Cybersecurity Risk Passwords Compliance

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Information Management Today

Proposed Amendments to NY Financial Services Cybersecurity Regulations Impose New Obligations on Large Entities, Boards of Directors and CISOs

NYDFS proposes significant cybersecurity regulation amendments

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