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
Agriculture Department Kicks Off $300M Palantir Deal on IT, National Security Work • Vercel Attack Fallout Expands to More Customers and Third-Party Systems • Seeing the Cyber in Economic Statecraft • Responding to a Data Breach: How to Preserve the Attorney-Client Privilege • NIST Cyber Center to Launch OT ‘Visibility’ Project
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.