How The New York Department of Financial Services Cybersecurity Regulation Works

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How The New York Department of Financial Services
Cybersecurity Regulation Works

• The New York Department of Financial Services
  released a set of regulations on February 16th,
  2017. The Cybersecurity Regulation (23 NYCRR Part
  500) places cybersecurity requirements on all
  covered financial institutions in the state. The
  rules were developed after two rounds of feedback
  from the industry and the public, outlining 23
  sections that require covered institutions to
  measure their cybersecurity risks and build up
  plans to smartly address those risks.

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How does The NYDFS Cybersecurity Regulation Work?

• The New York Department of Financial Services
  Cybersecurity Regulation requires covered
  organizations to enact a detailed cybersecurity
  plan, designate a Chief Information Security
  Officer (CISO), pass a comprehensive
  cybersecurity policy, and initiate and maintain a
  continuing reporting system for cybersecurity
  events.

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NYDFS Cybersecurity Regulation Requirements

• The new cyber security regulations from the New
  York Department of Financial Services make it
  mandatory for entities covered by the regulations
  to file by August 28, 2017. Non-compliant
  entities will face penalties. The Compliance
  Experts at CompCiti can help you file on time and
  implement a long-term, effective cyber security
  policy.

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• Contact CompCiti today for a free needs
  assessment. They will explain to you what DFS
  compliance means, how it affects your
  organization, and how they can help you achieve
  full compliance. They can be your one-stop for
  all types of IT Solutions in NYC!

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• Compciti Business Solutions Inc.
• 261 West 35th Street, Suite 603
• New York, NY 10001
• Phone [phone]
• Fax [phone]
• https//compciti.com/contact/

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