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Browse: Home / 2016 / December / 29 / New York lightens cybersecurity steps for banks despite surge in hacking | New York Post

New York lightens cybersecurity steps for banks despite surge in hacking | New York Post

By Securities Docket on December 29, 2016, 10:22 am

Amid a global spike in hacks of corporate computer systems, New York on Wednesday introduced drastically watered-down cybersecurity measures for banks.

The revised cyber regulations no longer require banks to put a single executive in charge of cybersecurity — nor do they force companies to have a “program designed to ensure the confidentiality, integrity and availability of [their] information systems,” as the original proposals, announced in September, maintained.

via New York lightens cybersecurity steps for banks despite surge in hacking | New York Post

Posted in Regulatory, Top | Tagged NYAG

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