A Simple Formula
NY DFS Self-Assessment
What is New York Cybersecurity Regulation? The Department of Financial Services (DFS), ensures providers of financial products and services to NY consumers remain solvent, protect consumers, and act reasonably to protect against financial fraud, criminal abuse, and unethical conduct.
Do I have to worry about this? Covered entities include but are not limited to, Banks, Lenders, Insurance Companies. To see if your classification of business is affected, click here
What do I have to do? Companies that are supervised by New York’s Department of Financial Services, and not specifically excluded from the in-effect regulation, must appoint a qualified Chief Information Security Office (CISO), who will be accountable for the overall implementation, effectiveness, and enforcement of the Cybersecurity Program.
Where do I start? Well, knowledge is power! We have created a self-assessment tool to help you get gauge of your security posture. This tool will help you to better plan your resource, time and budget requirements to become DFS compliant!