September 28, 2016

Cyber Alert: Comment Period Opens Today on New York State Department of Financial Services “Minimum Standards” for Cybersecurity

Today kicks off the 45-day public comment period for New York’s proposed Cybersecurity Requirements for Financial Services Companies (23 NYCRR 500).  The proposed regulation was published in its official form in the New York Register this morning with little substantive variation from the original draft circulated two weeks ago.  Requests for the full text of the proposed regulation and any comments or questions can be sent to CyberRegComments@dfs.ny.gov.

Keesal, Young & Logan (KYL) attorneys and professional staff regularly advise clients and industry groups on the risks, opportunities and ethical issues associated with technology, including cybersecurity issues.  KYL Shareholder Chris Stecher and Director of Information Justin Hectus recently published an analysis of New York’s proposed requirements in Cybersecurity Law and Strategy (linked here), and the firm has been asked to give presentations on this and related topics at ALM’s Cybersecure Conference September 27-28, 2016, as well as the Strategic Technology Forum October 4-6, 2016.  Please contact us by return email if you would like to review a menu of current CLE topics available.

–          Keesal, Young & Logan Cyber Risk Management Group

This information has been prepared by Keesal, Young & Logan for informational purposes only and is not legal advice.  Transmission of the information is not intended to create, and receipt does not constitute, an attorney-client relationship between you and Keesal, Young & Logan.  You should not act upon this information without seeking professional counsel.