Cybersecurity Requirements in New York: Determining CompliancePDF
On August 25, 2017, Scott Lyon's article, "Cybersecurity Requirements in New York: Determining Compliance," was published in Insurance Journal.
From the article . . .
The New York Department of Financial Services (DFS) has issued cybersecurity requirements for financial services companies. Codified at 23 NYCRR §500, the law became effective on March 1, 2017, and requires insurance and insurance-related companies as well as brokers, agents and adjusters licensed in New York to assess their specific cyber risk profiles and design cybersecurity programs that address such risk in a “robust fashion.” The deadline to do so is fast approaching – August 28, 2017.