What is 23 NYCRR 500?
Comply with cybersecurity requirements for financial service entities operating in NYS
This regulation sets cybersecurity requirements for financial service entities that operate in New York State. With malicious actors using increasingly sophisticated attempts to breach systems and seize data, the amount of cybersecurity regulations will continue to snowball.
The general purpose of the regulation is to ensure that financial service entities do their due diligence to effectively protect their customers and information systems from cyber attacks.
Let’s check to see if you’re compliant with 23 NYCRR 500