New York state's proposed cyber security regulation for
financial services companies is by far the most comprehensive
set of digital security rules in the US. It has been met with
scepticism by some though.
The Department of Financial Services' (DFS) rules include
the requirement for any licenced entity in the state to appoint
a chief information security officer, and put in place measures
to protect against cyber attacks. The organisation will also
have to implement a cyber security policy detailing measures in
place – the proposed regulation also...