NYDFS releases major update to Part 500 cybersecurity requirements for financial services companies
Data Protection Report
NOVEMBER 8, 2023
On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. These revisions represent the most significant modifications since the enactment of the rules in March 2017. f), is sufficient to trigger this new notice requirement.
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