New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance
FEBRUARY 10, 2021
On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Issuance of the Framework is notable as it represents the first official guidance by a U.S. It also calls for insurers to “take steps to mitigate existing silent risk, such as by purchasing reinsurance.”. Educate Insureds and Insurance Producers. The post New York Department of Financial Services Issues First Guidance by a U.S.
Let's personalize your content