Governor Cuomo announced the first-in-the-nation cybersecurity regulation to protect New York’s financial services industry and consumers from the ever-growing threat of cyber-attacks that took effect on March1, 2017.
The new rules require banks, insurers and other financial firms to meet minimum cybersecurity requirements “to protect consumers and ensure that its systems are sufficiently constructed to prevent cyberattacks to the fullest extent possible.”
Four NYDFS Data-Centric Requirements
- 500.15 Encryption of Nonpublic Information
- 500.07 Access Privileges
- 500.06 Audit Trail
- 500.13 Limitations on Data Retention
Fasoo’s data-centric solutions create a secure information sharing environment to simplify collaboration internally and externally. Fasoo secures MS-Office files, PDF’s, E-mail and other critical business information. Fasoo enables granular user access controls and rights while it tracks sensitive information anywhere it goes.