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