Outside Counsel

Final DFS Cybersecurity Regulations: Questions of Scope and Effect Linger

, New York Law Journal


F. Paul Greene of Harter Secrest & Emery writes: It has been a wild ride for the banking, insurance, and financial services industries in New York over the past five months. But now the New York State Department of Financial Services has released the final version of its cybersecurity regulations, maintaining its new risk-adjusted approach. Important questions concerning the scope and effect of the regulations remain, however.

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