New York, Model Cybersecurity Law Influence Other States

The New York Department of Financial Services (“NY DFS”) published an updated proposed Second Amendment to its Cybersecurity Regulation (23 NYCRR Part 500) in the New York State Register on June 28, 2023, updating its previous proposed Second Amendment, which was published November 9, 2022. While the language proposed is largely similar to the previous […]

The post NY DFS Releases Revised Proposed Second Amendment of its Cybersecurity Regulation appeared first on Alston & Bird Privacy, Cyber & Data Strategy Blog.

The New York State Department of Financial Services has issued an industry letter detailing the prior approval process for all New York banking organizations seeking to engage in new or significantly different virtual currency-related activity.