NY Cyber Rules: Preparing For The September Deadline

Law360 (August 10, 2018, 12:46 PM EDT) -- If you have complied with the New York Department of Financial Services requirements to date, your cybersecurity program is already in place and the foundations are laid for compliance with the September obligations. On or before Sept. 1, 2018, DFS covered entities subject to Part 500 must be in compliance with Sections 500.06, 500.08, 500.13, 500.14(a), and 500.15. This article provides interpretation and analysis of what these requirements mean in practice.

Section 500.06 — Audit Trails

Audit trails are important because they create a record of transactions for continuity of business in the event of an incident, and allow entities to...

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