Compliance
23 NYCRR 500: How Financial Institutions and Insurers Can Accelerate Compliance for SaaS Data
It was recently announced that financial services companies doing business in New York have one year from 1 November 2023 to comply with the new cybersecurity requirements announced by the Department of Financial Services (NYDFS). These updated requirements, which have significant implications for organizations that leverage SaaS applications, reinforce the high level of data security, operational resilience, and service quality that financial services companies already maintain.
Eoghan Casey