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  1. New Yorks cybersecurity regulation in a nutshell23 NYCRR 500. WHO NEEDS TO COMPLY? All insurance agents, brokers and companies that are licensed in New York state are subject to the requirements of this regulation. This includes nonresident licensees.

  2. On November 1, 2023, DFS announced amendments to Cybersecurity Regulation, 23 NYCRR Part 500. (See the final adopted regulatory documents on the Regulatory Activity - Financial Services Law page.) Training and Compliance Resources

  3. N.Y. Comp. Codes R. & Regs. Tit. 23 § 500.11 - Third-party service provider security policy. (a) Each covered entity shall implement written policies and procedures designed to ensure the security of information systems and nonpublic information that are accessible to, or held by, third-party service providers.

  4. 20 Ιαν 2023 · Financial institutions operating in New York must comply with the 23 NYCRR 500 requirements to prevent cybersecurity risks from impacting sensitive consumer data. Complying with 23 NYCRR 500 will help you implement best practices to secure financial service transactions.

  5. 20 Οκτ 2022 · We do offer consulting services for NY DFS compliance. Effective March 1, 2017, the Superintendent of Financial Services promulgated 23 NYCRR Part 500, a regulation establishing cybersecurity requirements for financial services companies. The following provides answers to frequently asked questions concerning 23 NYCRR Part 500.

  6. 23 Μαρ 2023 · 23 NYCRR 500 CYBERSECURITY REQUIREMENTS FOR FINANCIAL SERVICES COMPANIES* Section 500.0 Introduction. The New York State Department of Financial Services (“DFS”) has been closely monitoring the ever-growing threat posed to information and financial systems by nation-states, terrorist organizations and independent criminal actors.

  7. CYBERSECURITY REQUIREMENTS FOR FINANCIAL SERVICES COMPANIES. 23 CRR-NY 500.11. 500.11 Third party service provider security policy. (a) Third party service provider policy.

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