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Home » Store » State Regulation » NYDFS Gives Ground on Cybersecurity Proposal

NYDFS Gives Ground on Cybersecurity Proposal

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State Regulation

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The New York Department of Financial Services made some concessions to industry participants by revising proposed cybersecurity standards. Some mortgage-industry officials were happy with the revisions while reiterating concerns about the proposed standards. The NYDFS first proposed cybersecurity standards in September. The proposal was the first of its kind from a state regulator and more prescriptive than guidance from the Federal Financial Institutions Examination ...
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