NY Financial Regulator Lawsky Calls for ‘Laser-Like’ Focus on Cybersecurity – MoneyBeat – WSJ

New York state’s top financial watchdog issued new guidance Wednesday on how regulated banks will be assessed for cybersecurity preparedness.

Benjamin Lawsky, superintendent of the Department of Financial Services, released a three-page letter to the industry Wednesday outlining issues the regulator intends to examine, including protocols for the detection and defense of cyber breaches, corporate governance, multi-factor authentication, and security of third-party vendors.

via NY Financial Regulator Lawsky Calls for ‘Laser-Like’ Focus on Cybersecurity – MoneyBeat – WSJ