What is the NY DFS Cybersecurity Regulation?

If you own an insurance agency, mortgage brokerage, bank, or any other organization that answers to the New York Department of Financial Services you have surely heard of 23 NYCRR 500 by now. Also known as NY DFS Cybersecurity Regulation, these set of rules are now in full effect after a two-year transition period. But there are still a number of small business who are confused about what needs to be done, overwhelmed by the technology involved, and unnerved by the potential cost. 

In this episode of The LIPN Podcast, we speak with cybersecurity expert Tom Nohs from DataSoftNow about why compliance with NY DFS 500 is so important and the catastrophic repercussions that could happen if you ignore these regulations.