NYDFS Amends Cybersecurity Rules for Financial Services Companies
Hunton Privacy
NOVEMBER 23, 2022
The proposed amendments provides three new cybersecurity events that Covered Entities must report to NYDFS via the NYDFS online cybersecurity portal within 72 hours: Unauthorized access to privileged accounts; Deployment of ransomware within a material part of the Covered Entity’s systems; and. Revised Definition of Class A Companies.
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