Cybersecurity Incidents are seemingly limitless in their variety, so it is impractical and infeasible to develop instructions for handling each type of attack. In general, however, there are Three Main Threat Vectors that organizations can prepare for in order to develop different response strategies.
Last night we learned that Equifax, one of the three main consumer credit reporting agencies, suffered a data breach that has the potential to expose confidential information of nearly 50% of the American population.
This cyber security breach was discovered on July 29th and appears to stem from hackers exploiting vulnerabilities in Equifax's website software.
A crucial component to the NYC500 cybersecurity regulations is the development and implementation of an Incident Response Plan (IRP) by all businesses regulated by the NYS Department of Financial Services.
Your password is your kid's name.
The New York State Department of Financial Services Cybersecurity regulation, or NYC500, goes into effect today, March 1st, 2017.
The new NYC500 Cybersecurity regulations require that Covered Entities designate a Chief Information Security Officer or CISO. These regulations go into effect March 1st, 2017.
The NYC500 takes effect March 1st, 2017.
New York Cybersecurity regulations are here.