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Historic Charges: First Enforcement Action Filed by New York Department of Financial Services Under Cybersecurity Regulation

Data Matters

4 The Regulation sets minimum standards for compliance related to the assessment of cybersecurity risks, the prevention and detection of security events, and post-breach management. conduct a periodic risk assessment of the its information systems sufficient to inform the design of its cybersecurity program (23 NYCRR ยง 500.09).