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Tag Archives: Cybersecurity

New York State: Banks and Insurance Providers – New Cyber-Security Standards

Effective March 1, 2017, all banks and entities providing insurance in New York State will be required to meet new, minimum cyber-security standards, and certify compliance each February 15 after internal risk assessments are performed.  While some larger entities may already meet these standards, many will not.  Entities which also engage in business in other…
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The NIST Issues a Draft of the Long-anticipated Cybersecurity Framework

The drafting of the Framework was fueled by former Head of Homeland Security, Janet Napolitano’s warning that a “cyber 9/11 could happen imminently.” In recent years cyberattacks on this country’s financial industry and resource infrastructure, as well as on private banks and companies, have dramatically increased in frequency and severity. The National Institute of Standards…
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