NYC’s cyber security rules raise concern

Author: Amélie Labbé | Published: 15 Dec 2016

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...