Cygilant Blog

NYDFS - Are You Prepared to Comply with All 4 Phases?

Posted by Cygilant on Apr 1, 2019

How Security-as-a-Service gives you a leg up in developing a comprehensive cybersecurity plan

If you’re one of the thousands of banks, mortgage companies, insurers and other financial service firms that do business in the state of New York, your deadline to complete the final phase of compliance with the New York Department of Financial Services (NYDFS) Cybersecurity Regulation is upon you.  

On March 1, 2019, you are required to ensure that third-parties who access your customers’ private data have security protections in place. This measure comes on the heels of three previous sets of requirements, rolled out in phases beginning in March of 2017, designed to address today’s increasingly sophisticated cybersecurity threats.

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