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Twinstate Technologies Blog

NYDFS and Finding Your CISO

With cyber policies tightening up by the New York State Department of Financial Services (NYDFS), we created an overview of what these new regulations will look like to companies who fall into this category. Though as a whole, laws and regulations are becoming stricter for businesses across all industries due to high-targeted cyber threats; the financial services sector including banks, trust companies, insurance companies, mortgage lenders, investment companies, brokers and other financial service providers gets extra attention.

NYDFS: What You Need to Know

Cybersecurity is a growing concern for any business owner no matter the sector you operate in. However, when it comes to the New York State Department of Financial Services (NYDFS), specific guidelines and regulations for entities need to be followed to be compliant. Without these mandatory cybersecurity requirements, entities under the Department of Financial Services (DFS) run the risk of having their private information and their customers’ information stolen. But with the risks growing daily comes the need and urgency to adopt a cybersecurity program quickly.