Sentences with phrase «state cybersecurity regulations»

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.

Not exact matches

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

The regulation seeks to harmonize state laws for businesses that utilize virtual currencies as monetary tools, and includes provisions for licensing requirements, reciprocity, consumer protection, cybersecurity, anti-money laundering, and licensee supervision.

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.»

Posts cover governmental regulations in the United States and Europe regarding privacy and data security, as well as relevant congressional legislation; White House policy directives; and industry best practices related to cybersecurity.

The proposed regulation will require banks, insurance companies and other financial services institutions regulated by the New York State Department of Financial Services to establish and maintain a comprehensive cybersecurity program.

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

Additional reports from government officials claim that the new regulations are looking at perfecting anti-money laundering measure, something which is well known in the crypto business and also to improve the state of cybersecurity in the country.