Additional Cybersecurity Requirements of NYDFS Part 500 Take Effect
By EsqSocial Corporation 05/05/25
On May 1, 2025, additional enhanced cybersecurity controls required by the Second Amendment to the New York Department of Financial Services (NYDFS) Cybersecurity Regulation (23 NYCRR Part 500) (the “Second Amendment”) take effect. Although the Second Amendment was originally adopted in November of 2023, NYDFS established a multi-year rollout of the Second Amendment’s requirements, implementing several tranches from November of 2023 through November of 2025....
By: Alston & Bird