Deadline For New Cybersecurity Reg Requirments is Nov. 1
We want to remind all Big I New York members of the upcoming deadline for complying with new cybersecurity requirements. The New York State Department of Financial Services (DFS) last November 1 amended its Cybersecurity Requirements for Financial Services Companies regulation. That amendment included several changes. Some of the changes took effect immediately. The deadlines for others were this past spring, with the deadlines for the rest next month and next year.Many of the regulation's 24 sections do not apply to businesses that qualify for the “limited exemption." A business qualifies for the limited exemption if any one of the following three things are true…