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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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Institutional Investor’s Introduction to Blockchain and Digital Asset Investing

Data Matters

We will also discuss a developing range of services referred to as digital asset “prime brokerage” — describing the suite of services typically provided by these prime brokers and comparing them to traditional offerings of prime brokers in the securities space. Traditional OTC Derivatives.

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

Hunton Privacy

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) posted proposed amendments (“Proposed Amendments”) to its Cybersecurity Requirements for Financial Services Companies (“Cybersecurity Regulations”). Below are the key changes introduced by the Proposed Amendments. Class A Companies.

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Cybersecurity: Managing Risks With Third Party Companies

Cyber Info Veritas

Did you know that 63% of all data breaches are directly or indirectly linked to third party companies? Let us get started with how third-party data breach occurs. How Third Party Data Breach Takes Place If a hacker is targeting a large organization, they look for the gateway that will not be easily noticed.

Risk 40
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NYDFS proposes significant cybersecurity regulation amendments

Data Protection Report

On July 29, 2022, the New York Department of Financial Services (NYDFS) announced a “pre-proposed outreach” of material proposed changes to almost every section of its cybersecurity regulations, and would affect each entity covered by the current regulations of 23 NYCRR Part 500. Asset inventories and Access Controls.

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Reveille Expands from APM to Broader Analytics

Info Source

Reveille has historically collected data on capture and ECM applications, with the purpose of enabling its customers to proactively manage performance. With the upcoming release of Reveille 8, the ISV has plans to expand the types of ECM and capture data it is collecting and the actions its software can take. “We

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What Real Users Love About Their Payroll Department Tools

IGI

To qualify for inclusion in G2 Crowd’s payroll software category, a product must calculate and pay employee salaries, determine employee benefits, calculate and deduct payroll taxes and print or deposit paychecks directly. Payroll, reviews, goals, employee events, employee documentation. Check/W-2 printing: 92 percent.