NY's Landmark Financial Cybersecurity Rule Takes Effect, Bloomberg BNA's Privacy & Data Security

New York’s landmark cybersecurity regulation mandating that insurance companies, banks and other financial institutions establish a cybersecurity program takes effect March 1.The regulation has limited flexibility for companies to tailor cybersecurity programs to their specific needs. But they all must have a program, regardless of the outcome of their respective risk assessments.

Partner Mark Krotoski is quoted.

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