As we mentioned last week, the New York financial services cybersecurity regulation requires all covered entities (including all insurance agencies) to create and maintain an inventory of their information system assets. Entities have until Nov.…
All New York regulated financial services companies, including insurance agencies, must implement additional cybersecurity procedures by May 1st. These requirements are part of the 2023 amendments the New York State Department of Financial Services (DFS)…
Big I New York has unveiled a new resource to help agencies comply with part of the New York financial services cybersecurity regulation. Specifically, it will make it easier for you…
We’d like to remind all Big I New York members of the upcoming deadline for compliance with new cybersecurity requirements. Last November 1st, the New York State Department of Financial…
A South Carolina based wholesale insurance brokerage reported last week that they had suffered an undescribed cybersecurity incident. It closed the wholesaler for a substantial part of the week. Some…
Question: “We just hired a new licensed employee. Are we required to report anything to the New York State Department of Financial Services (DFS)?” Answer: The agency has no reporting…
