In response to worries over data security, New York’s Department of Financial Services (NYDFS) enacted a set of cybersecurity regulations that is quickly becoming the standard for data security in the financial industry. The regulation, officially known as 23 NYCRR 500, went into effect in March 2017. Since then, the NYDFS regulations have grown in popularity and are now popping up in a number of other agency regulations... Read here
