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NY DFS Cybersecurity Symposium: More Rigorous Rules, Exams and Enforcement Ahead

The New York Department of Financial Services (“DFS”) is turning up the heat on cybersecurity once again. During its first-ever Cybersecurity Symposium on March 29, DFS announced a series of new measures that will require...more

NYDFS Imposes Heavy Fine and Adopts Expansive View of Multi-Factor Authentication Requirements Under Cybersecurity Regulations:...

The New York Department of Financial Services (NYDFS) recently announced the resolution, through Consent Order, of its third enforcement action against entities subject to the agency’s Cybersecurity Regulations (“Cyber...more

Lessons Learned from New York’s Second Cybersecurity Action

The New York Department of Financial Services (NYDFS) has announced its second regulatory enforcement action against a regulated entity (a New York licensed mortgage banker and loan servicer) for violating NYDFS’s...more

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