
The New York Department of Financial Services (NYDFS) finalized amendments to its cybersecurity regulations on November 1, 2023, marking a significant update in the state's approach to cyber threats. The process involved multiple stages, starting with a pre-proposal in July 2022, followed by two additional proposals in November 2022 and June 2023. The final version, which incorporated feedback from various stakeholders, introduced several key changes and clarifications from earlier drafts. READ MORE