Covington – On June 23, 2025, the New York State Department of Financial Services (“NY DFS”) issued guidance to NY DFS-regulated individuals and entities regarding the impact of “ongoing global conflicts” to the financial sector. The NY DFS guidance highlights three key areas of focus: cybersecurity, sanctions, and virtual currency, and may be helpful for organizations across industries globally:
Cybersecurity, Privacy, & AI
Trending Now
Not So Fast: CMMC Phase 2 Requirements Suspended • Time for a Change: FedRAMP Fundamentally Revamps Program With Consolidated Rules for 2026 • Navy Seeks Offers for Potential $345M ICE-T Cybersecurity Support Task Order • NSA, Partners Issue Advisory Warning of Russian Cyber Actors Targeting Routers • DHS Network Intrusion Was Twice Ruled a False Positive Before Breach Confirmed
New York State Department of Financial Services Issues Guidance on Cybersecurity, Sanctions, and Virtual Currency Following Escalation of Iran Conflict
Ihar Halavach | Shutterstock
Stay compliant and protected with daily updates on cybersecurity, data privacy, and federal oversight with our Cyber & Privacy newsletter, delivering up-to-the-minute intelligence Monday–Saturday — Subscribe here.