Sweeping New York State Financial Regulations Set To Lead Nation In Cybersecurity

Mark Melin

Published onNovember 21, 2016

Updated on May 14, 2021

New cybersecurity regulations set to be implemented by the New York Department of Financial Services (DFS) are likely to have a wide influence and are noted for being tougher than federal regulations. In fact, some of the accountability components of the regulations are reminiscent of the Sarbanes-Oxley act in that those in the C-Suite are held responsible. ValueWalkreported on these regulations as they were being developed.

Sweeping New York State Financial Regulations Set To Lead Nation In Cybersecurity — Source: Pixabay

As major hacks target the nation’s most important systemic financial institutions, New York State imposes tough cybersecurity regulations

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Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

Sweeping New York State Financial Regulations Set To Lead Nation In Cybersecurity

As major hacks target the nation’s most important systemic financial institutions, New York State imposes tough cybersecurity regulations

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