- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
New York’s tough new cyber-security rules for financial institutions were supposed to start on January 1. Instead, a toned-down version is in the works. Joe Mont has more.
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The final implementation period for the New York Department of Financial Services’ landmark cyber-security regulation ends March 1, meaning that DFS-regulated entities and licensed persons covered by the regulation must be in full compliance by that time.
New York’s new cyber-security rules are already creating compliance and liability concerns. They may also give rise to a fractured playing field of demands in other states.
With New York’s new cyber-security law in effect, compliance officers will need to stay agile to remain compliant with data protection rules. Here are five tips for how to do just that.
