The New York State Department of Financial Services (the “Department”) has issued guidance (“Guidance”) to all individuals and entities regulated by the Department (“Regulated Entities”) to underscore the importance of...more
6/24/2025
/ Cybersecurity ,
Cybersecurity Information Sharing Act (CISA) ,
Economic Sanctions ,
Financial Institutions ,
New Guidance ,
New York ,
NYDFS ,
Office of Foreign Assets Control (OFAC) ,
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Ransomware ,
Risk Assessment ,
Risk Management ,
Third-Party Service Provider ,
U.S. Treasury ,
Virtual Currency
On February 21, 2024, Change Healthcare, a platform that provides certain technology solutions for the health care industry, experienced a nationwide network interruption related to a cybersecurity issue (cyber incident) and...more
Introduction - The pandemic-induced work from home culture has opened the door to increased cybersecurity breaches. Although most businesses, especially those operating in regulated industries, have a prevention and response...more
DFS reports that its Cybersecurity Portal has been redesigned to assist users with their filings. To ensure that filings are matched to the appropriate Covered Entity or licensed person, DFS requires the use of an identifying...more