Insurance companies and other organizations regulated by the New York State Department of Financial Services (NYDFS) will soon be subject to cybersecurity regulations. The NYDFS published the second draft of its proposed regulations in the New York State Register on 12.28.16. The proposal is subject to a final 30-day comment period and is expected to be effective 03.01.17. The proposal is the first of its kind.
Download the white paper summarizing the key provisions of the cybersecurity regulations. The full cybersecurity requirement text can be found here.