New York Department of Financial Services Chief to Address State Insurance Commissioners on NYS Cyber Regulation

Apr 04

by Craig Newman | Patterson Belknap Webb & Tyler LLP

New York State Department of Financial Services Superintendent Maria T. Vullo is scheduled to discuss the state’s new “first in the nation” cybersecurity regulation later this week at the National Association of Insurance Commissioners annual meeting in Denver.

The New York cyber regulation – which went into effect on March 1, 2017 – requires financial institutions and insurance companies that operate in the state to implement a complex series of technical and governance-based cybersecurity rules and safeguards.

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