The New York Department of Financial Services has issued guidance to all entities covered under its cybersecurity regulation, regarding heightened cybersecurity risks due to the COVID-19 pandemic. In asking them to address risks “appropriately,” it reminds institutions to submit to the agency plans “to address operational risks posed by the outbreak of a novel coronavirus,” including “assessment[s] of potential increased cyber-attacks and fraud.” The guidance identifies remote working, increased phishing and fraud, and third-party risk as areas of heightened risk, and recommends measures to address them.
Cybersecurity, Privacy, & AI
Trending Now
FBI Plans to Expand Its AI Infrastructure • Rules About Funding and Cybersecurity Can Shape the Defense Market as Surely as Contracts Do • Why Transparent AI Agents Matter More Than You Think • CISA Just Changed the Rules. Is Your Vulnerability Program Ready? • NIST Seeks Input on National Vulnerability Database Modernization
NY Department of Financial Services Issues Guidance to Regulated Entities Regarding Cybersecurity During the COVID-19 Pandemic
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.