WebJul 28, 2024 · In April 2024, the New York Department of Financial Services (NYDFS) announced it levied a fine against First Unum Life Insurance Company and Paul Revere Life Insurance Company for violations of NYDFS’s Cybersecurity Regulations. The companies are subject to a $1.8 million penalty for failure to comply. According to the … WebApr 8, 2024 · The NYDFS Cybersecurity Regulation is a set of rules designed to protect private information and assets from unauthorized access, use, destruction or disclosure. ... the Department of Financial Services (DFS) is responsible for making sure that your customers don’t have to worry—by setting and enforcing cybersecurity regulations at …
DFS SUPERINTENDENT ADRIENNE A. HARRIS DECLARES UPDATED CYBERSECURITY …
WebApr 10, 2024 · Stay Compliant and Protected - Learn About the Latest Cybersecurity Regulations and Best Practices. Safeguard Your Business from Cyber Threats with Proactive Compliance Measures. Stay Ahead of the Game with Our Cybersecurity Regulation Insights. ... Insurance [State Department of Financial Services (DFS)], and … WebThe enforcement action was the first under DFS’s 2024 cybersecurity regulation (i.e., Part 500), which took full effect in March 2024. The regulation contains broad cybersecurity expectations for financial institutions, with requirements for encryption, multi-factor authentication, governance, and reporting. mason cash innovative utensils
New York Department Financial Services (DFS) Cybersecurity Regulation ...
WebThe enforcement action was the first under DFS’s 2024 cybersecurity regulation (i.e., Part 500), which took full effect in March 2024. The regulation contains broad cybersecurity … WebJun 14, 2024 · As of March 1, 2024, DFS-regulated financial services companies in New York must meet the regulation's requirement to have a comprehensive Cybersecurity Program in place. The program must include one or more written security policies, implementation of specific security applications, testing and auditing, certification, and … WebSep 2, 2024 · New York’s new cybersecurity regulations (the “Regulations”) become effective on August 28, 2024, marking a significant milestone in what is likely to be a new … mason cash hedgehog mixing bowl