NYDFS Proposes Updated Second Amendment to Its Cybersecurity Regulation
Hunton Privacy
JULY 5, 2023
On June 28, 2023, the New York Department of Financial Services (“NYDFS”) published an updated proposed Second Amendment (“Amendment”) to its Cybersecurity Regulation, 23 NYCRR Part 500. The new MFA requirements, for example, would be subject to the two-year transition period.
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