On March 1, 2017, the Department of Financial Services enacted a regulation establishing cybersecurity requirements for financial services companies, 23 NYCRR Part 500 (referred to below as “Part 500” or “the Cybersecurity Regulation”). As a result of investigating hundreds of cybersecurity incidents, Part 500 was amended, increasing the amount and type of security measures organizations...

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Yiftach Keshet

Source: Security Boulevard
Source Link: https://securityboulevard.com/2024/01/the-clock-is-ticking-on-ny-dfs-mfa-requirements/