The New York State Assembly Committee on Banks held a public hearing on December 19, 2016, receiving testimony about both the benefits and challenges of a recently proposed regulation to address the growing threat posed by cyber-attacks on banks, insurance companies and most other entities which are regulated by the Department of Financial Services (DFS). The proposed regulation was initially published by DFS on September 28, 2016 and since that time has been subject to a public comment period before final issuance.
Home > Federal Law Articles > Human Resources > General (HR) > DFS’ Proposed Cybersecurity Regulation Edges Closer to Becoming Final Following Public Hearing