- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Adrianne Appel2023-11-15T21:09:00
New York hospitals would be required to have a cybersecurity program that includes regular cyber risk assessments under newly proposed regulations.
The proposed rules, which would require the reporting of material cyber incidents within two hours, are designed to strengthen the cybersecurity of hospitals and their networks, said New York Gov. Kathy Hochul in a press release Monday.
Complying with the proposed rules would initially cost hospitals tens of thousands or tens of millions of dollars, according to the draft rules, which noted program maturity as a dictating factor. Hospitals would be allowed to subcontract for cybersecurity services.
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Hospitals can soon expect to see new draft cybersecurity regulations and benchmarking goals, according to the Department of Health and Human Services.
A New York state law that takes effect next year will make it more difficult for registered investment advisers in the state to conduct proactive testing for violations of their firms’ off-channel communication policies.
New York will require financial institutions to conduct risk assessments more often and improve governance under a broad update to the state’s cybersecurity regulations.
Securities and Exchange Commission Chair Gary Gensler will step down from his position as the top U.S. regulator of Wall Street when Donald Trump is sworn in as president on Jan. 20, ending weeks of speculation about his future.
President-elect Donald Trump announced he plans to appoint Cantor Fitzgerald President and CEO Howard Lutnick to lead the U.S. Commerce Department, as the incoming administration is expected to charge import tariffs against friends and foes.
If your business uses leather, rubber, wood, beef, palm oil, soy, or paper, then you may need to comply with the EU Deforestation Directive, a new rule intended to ensure that no goods traded in the EU contribute to global deforestation.
