Sentences with phrase «cybersecurity regulation»

«Beginning on August 28, 2017, all entities covered by DFS cybersecurity regulation must file certain notifications to the Superintendent including notices of certain cybersecurity events within 72 hours from a determination that a reportable event has occurred,» the New York Department of Financial Services announced on July 31.

A nationwide assortment of state cybersecurity regulations «raises the issue of whether such regulations violate the U.S. Constitution's «dormant» Commerce Clause, which restricts states» ability to discriminate against or unduly burden interstate commerce,» write Matthew A. Schwartz and Corey Omer for the Clearing House, a banking and payments trade group.

Interestingly, the willingness of the states to wade into cybersecurity regulation is both a positive development and a potentially problematic one.

New York has suggested that its new cybersecurity regulation should be the model for the nation; however, the New York framework should cause concern for virtual currency and blockchain businesses in other states.

Financial Services Superintendent Maria Vullo today announced that the DFS has launched a new online portal to securely transmit in real time all notifications required under New York's first - in - the - nation cybersecurity regulation.

The only national cybersecurity regulation is a set of eight standards approved by the Federal Energy Regulatory Commission — but these only apply to producers of high - voltage electricity.

He represents clients in a wide range of cybersecurity issues, including compliance with various cybersecurity regulations, cybersecurity governance issues, cloud migration, data minimization, and cybersecurity risk disclosures.

In response to the New York DFS Cybersecurity Regulation, effective March 1, 2017, the article details which covered entities are covered by the regulation, how DFS will enforce it, how it differs from other laws and regulations, whether covered entities will be required to report every attempted intrusion to DFS, and how covered entities are required to manage third - party vendors.

Software as a Service (SaaS) for any company subject to strict security and cybersecurity regulations.

Effective March of 2017, the New York State Department of Financial Services» (NYS DFS) Cybersecurity Regulation (23 NYCRR 50) was implemented for all defined «covered entities.»

The cybersecurity regulations — which cover banks, insurance companies and other financial services institutions — mandate that any DFS - regulated institution must have a cybersecurity program designed to protect consumers» private data, a chief information security officer and other controls to ensure the safety of the finance industry.

The New York Department of Financial Services is requiring banks, insurance companies, and other financial service providers to comply with its 2017 cybersecurity regulation.

Mr. Borden examines the core aspects of the cybersecurity regulation Cybersecurity Requirements for Financial Services Companies, which is intended to protect financial services companies and consumers.

The article discusses Cybersecurity Requirements for Financial Services Companies, a cybersecurity regulation announced by New York Governor Andrew Cuomo that is intended to protect financial services companies and consumers.

D4 Shanghai supports law firms and corporate legal departments as they deal with China's cybersecurity regulations, regulatory and internal investigations, FCPA and compliance investigations, and cross-border litigation and trade disputes.

RT @ESgloballaw: Please join us for our next webcast on the New York State DFS Cybersecurity Regulation.