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  1. 4 dni temu · Background. On October 16, 2024, the New York State Department of Financial Services (DFS) issued an industry letter, Cybersecurity Risks Arising from Artificial Intelligence and Strategies to Combat Related Risks, providing guidance on the cybersecurity risks associated with the use of artificial intelligence (AI) and strategies for entities regulated by DFS (“Covered Entities”) 1 to ...

  2. 1 lis 2023 · Governor Kathy Hochul today announced that the New York State Department of Financial Services has amended its nation-leading cybersecurity regulations to enhance cyber governance, mitigate risks, and protect New York businesses and consumers from cyber threats.

  3. 20 gru 2023 · The amendment requires any business that allows a consumer to set-up an automatic renewal of one year or longer to notify such consumer of the upcoming automatic renewal 15-45 days prior to the cancellation deadline for such automatic renewal and include instructions on how to cancel such.

  4. 9 lis 2023 · On November 1, 2023, the New York Department of Financial Services (NYDFS) published the finalized Second Amendment to its Cybersecurity Regulation (23 NYCRR Part 500), which includes a number of significant and, for many covered entities, onerous changes to its original regulation.

  5. On November 1, the New York Department of Financial Services (NYDFS) amended its cybersecurity regulations to set additional notification, administrative, training and technical requirements.

  6. To better and faster assess cyber risk facing Covered Entities, DFS uses various sources of information to develop an “outside-in” view of cyber risk of specific regulated entities as well as New York State’s financial services sector overall.

  7. 26 lip 2023 · The New York State Department of Financial Services (NYDFS) recently published revised proposed amendments (the Revised Proposed Amendments) to the state’s cybersecurity regulation for the financial services industry (23 NYCRR Part 500).

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