On March 10, 2020, the New York Department of Financial Services (NYDFS) issued guidance to all of its regulated institutions engaged in virtual currency business activity, requiring them to have plans for preparedness to manage the possible operational and financial risks posed by the COVID-19 pandemic. NYDFS requires the plans to be submitted by Thursday, April 9, 2020.… Continue Reading
Please join us for a 40-minute briefing on the latest developments in cybersecurity and what the financial services sector needs to know in order to comply.
There are new regulatory initiatives at the international, US national and US state levels. With the consistent threat of security breach, financial institutions need to be aware of the latest developments in order to remain compliant and avoid becoming yet another victim of cyber hackers.
Topics will include:
- International Standard
- Cyber initiatives by the Trump Administration
- CFTC Rules on Cybersecurity Testing and Systems Safeguards Risk Analysis
- The New York State DFS Cybersecurity Regulations and
Cybersecurity is rarely out of global news headlines. David Navetta and Marcus Evans have commented on the issue in the January 2016 edition of The Banker. The feature – “Cyber security – making banking safer” – looks how financial institutions are protecting their assets and customers’ data.… Continue Reading