Blog
Financial Institutions in New York Face Stricter Cybersecurity Rules
By Katrina Thompson on Wed, 11/15/2023
Boards of directors need to maintain an appropriate level of cyber expertise, incidents must be reported within 72 hours after determination, and all ransom payments made must be reported within a day.
Those are just some of the changes made by The New York State Department of Financial Services to its Cybersecurity Requirements for Financial...