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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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CyberheistNews Vol 13 #07 [Scam of the Week] The Turkey-Syria Earthquake

KnowBe4

For KnowBe4 customers, we have a few templates with this topic in the Current Events. I talk often about the back-and-forth that exists between cybercriminal groups and security vendors. Security solutions improve their detection capabilities, and threat actors work tirelessly to find new ways to evade detection.

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China’s PIPL has finally arrived, and brings helpful clarification (rather than substantial change) to China’s data privacy framework

DLA Piper Privacy Matters

We have summarised the key compliance obligations under the PIPL below, with new obligations in bold for ease of reference: Relevant Laws/Regulations The PIPL becomes the primary, national-level law governing processing of personal information, but does not replace the existing data privacy framework.

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Laserfiche Wins Gold in Best in Biz Awards 2017

Info Source

With customers in nearly every industry including government, education, financial services, manufacturing and health care, Laserfiche offers solutions tailored to organizations’ needs, and the expertise and personalized service that drive customer success. and Canada.

ECM 40
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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”). As part of the “training and monitoring” requirements under Section 500.14 Class A Companies.

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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. Governance. The Proposed Regulation Changes.