Posted on Dec 14, 2014 in
Financial Services |
Comments Off on New NY Department of Financial Services Cybersecurity Examination Process
On December 10, 2014, New York State Department of Financial Services (DFS) Superintendent Benjamin M. Lawsky issued an industry guidance letter to all New York State chartered or licensed banking institutions announcing that DFS was expanding its examination procedures to increase its emphasis on cybersecurity and urging all institutions to make cybersecurity an “integral aspect of...