Cybersecurity is in the news everyday now – and that is certainly going to continue. It is frequently noted by experts that being compliant does not mean secure, but by instituting regulations you will encourage those organizations that have done very little to begin down the path to becoming more secure.
New York State is taking the lead in creating serious Cybersecurity regulations and they are targeting financial firms to start. The NY State Department of Financial Services (DFS) initially proposed regulations that were to take effect on January 1, but after reviewing input from a number of the affected organizations; they have made modifications and the new effective date is March 1.
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