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February 22, 2023

Barclay Damon Live: Cyber Sip—"Big Changes Coming to NYS's Part 500 Cybersecurity Rule"

In this solo episode of Barclay Damon Live: Cyber Sip™, host Kevin Szczepanski fills listeners in on important updates for financial companies—those that are licensed, regulated, chartered, or otherwise authorized to do business under New York State’s banking, insurance, or financial services laws. If the question is whether the new Part 500 Cybersecurity Rules will affect your business, the answer is most likely yes. Over the past year, the New York Department of Financial Services has issued proposed amendments that will have a significant effect not only on the primarily targeted businesses but on the vendors that serve them. And they are coming soon. Listen in for more details.

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