New York Cybersecurity Regulations Explained (Updated)

Recently, New York’s Department of Financial Services and Gov. Andrew Cuomo released their long-awaited proposal for cybersecurity regulations regarding banking and financial services companies. The proposal, if implemented, would be the first mandatory state-level regulations on cybersecurity and promises to deliver sweeping protections to consumers and financial institutions alike. In Gov. Cuomo’s words: "This regulation helps guarantee the financial services industry upholds its obligation to protect consumers and ensure that its systems are sufficiently constructed to prevent cyberattacks to the fullest extent possible."

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How Lack of Visibility Resulted in the Most Devastating Data Breach to Date

Government/politics, and cybersecurity—these topics may seem plucked from recent U.S. election headlines, but they're actually themes that have persisted over the last decade, reaching a pinnacle with the massive OPM data breach that resulted in the theft of over 22 million records—fingerprints, social security numbers, personnel information, security-clearance files, and more. Last month, a key government oversight panel issued a scathing 241 page analysis blaming the agency for jeopardizing U.S. national security for generations. The main culprit? Lack of visibility.

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