New York State Department Of Financial Services Cybersecurity Requirements

The initial phase of the nydfs cybersecurity regulation went into effect on february 15 2018 and requires covered organizations to develop a cybersecurity policy including an incident response plan that includes data breach notifications within 72 hours. The nydfs cybersecurity regulation 23 nycrr 500 is a set of regulations from the new york state department of financial services nydfs that places cybersecurity requirements on all covered entities financial institutions and financial services companies. Memo from the superintendent pdf text of regulation pdf.

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To ensure that filings are matched to the appropriate covered entity or licensed person we require the use of an identifying number when filing.

New york state department of financial services cybersecurity requirements. 23 nycrr part 500 cybersecurity. The dfs cybersecurity portal has been redesigned to assist users with their filings. Information about 2020 dfs cybersecurity filing requirements june 1 2020 certification of compliance due. Cybersecurity resource center all entities and persons regulated or licensed by the new york state department of financial services are required to file various cybersecurity notices to the superintendent.

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. Vullo superintendent of financial services pursuant to the authority granted by sections 102 201 202 301 302 and 408 of the financial services law do hereby promulgate part 500 of title 23 of the. New york state department of financial services 23 nycrr 500 cybersecurity requirements for financial services companies i maria t. To be notified in writing of proposed revised emergency and adopted rules posted here or to receive copies of such proposed revised emergency and adopted rules submit a request in writing along with your mailing address to regulation notification officer office of general counsel 20th floor new york state department of financial.