BREAKING: Big I NY Summary of Changes To the NY Cybersecurity Regulation

​As we reported yesterday​, the New York State Department of Financial Services has adopted its long-planned amendments to its Cybersecurity Requirements for Financial Services Companies regulation. We have prepared a summary of the changes in order of the dates when compliance is required. We plan to provide videos and other media to further explain the changes. Also, watch for your cha​nce to register for a special Gear Up presentation on the amendments later this month. Download the Summary Read the Text of the Amendments​Source

Continue ReadingBREAKING: Big I NY Summary of Changes To the NY Cybersecurity Regulation

BREAKING: NYSDFS Adopts Cyber Reg Changes

​The NYS Department of Financial Services this morning formally adopted changes to the cybersecurity regulation. This is something we have been anticipating for nearly 18 months. At the same time, it appears they may have emailed every licensed person for whom they have an email address to announce the adoption. You may have received this email. Here is what you need to know today: We are in the process of reviewing the final version of the amendments. This is the third version of the amendments DFS has published, and it is not identical to what they proposed earlier. ​Both previous versions stated that the earliest date compliance…

Continue ReadingBREAKING: NYSDFS Adopts Cyber Reg Changes

REMINDER: Cyber Reg Certification Due This Weekend

​The deadline for submitting the annual certification of compliance with New York's cybersecurity regulation for financial services companies is this Saturday, April 15. If you haven't submitted the certification for your agency yet, you must do so by the end of the day Saturday.The certification is one of the requirements in the New York State Department of Financial Services (DFS) regulation Cybersecurity Requirements For Financial Services Companies, which is Part 500 of Title 23 of the New York Codes, Rules and Regulations (23 NYCRR 500.) Subsection (b) of Section 500.17 states:"Annually each covered entity shall submit to the superintendent a written statement covering the prior…

Continue ReadingREMINDER: Cyber Reg Certification Due This Weekend