NYDFS 500 Cybersecurity Regulation Enforcement Actions: Causes and Consequences

Since enacting its cybersecurity regulation in 2017, The New York State Department of Financial Services (NYDFS) has issued numerous enforcement actions, with monetary penalties averaging several million dollars.

We performed an in-depth analysis of the consent orders published by NYDFS to understand the causes and consequences of these actions.

Join our experts John Jarrold, Richard Suls and Miguel Gutierrez as they discuss their findings and provide insights to help your organization minimize the risk of NYDFS enforcement actions.

Discussion topics include:

  • Common deficiencies that have led to enforcement actions
  • Apparent changes in the NYDFS enforcement strategy
  • Strategies to avoid or mitigate the impact of enforcement actions

Speakers:

John Jarrold, Senior Security & Risk Management Consultant
Richard Suls, Senior Security & Risk Management Consultant
Miguel Gutierrez, Host & Security Consultant

Related content

Webinars

NYDFS 500: Simplifying the second amendment

June 13, 2024
NYDFS 500: Simplifying the second amendment
Our thinking

NYDFS 500 cybersecurity regulation: What’s changed?

August 31, 2023
NYDFS 500 cybersecurity regulation: What’s changed?
Whitepapers

NYDFS 500 – Plan for stronger cybersecurity compliance

July 1, 2024
NYDFS 500 – Plan for stronger cybersecurity compliance
Our thinking

NYDFS 500 vs. DORA: Comparison for European financial institutions

February 16, 2024
NYDFS 500 vs. DORA: Comparison for European financial institutions