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New York cyber regulations add urgency to risk managers’ response (Business Insurance)

Business Insurance, October 3, 2017

New York cyber regulations add urgency to risk managers’ response

“The implementation of new cyber security regulations in New York state gives insurers and other covered entities added responsibilities related to the safeguarding of information and systems. While response planning has always been an important part of risk management, the new regulations increase the urgency of that need, according to comments made during a cyber panel discussion meeting at the New York City Bar Association on Sept. 26 in New York. The new regulation, 23 NYCCR 500, or ‘New York Reg 500′ as it is colloquially known, went into effect on March 1, 2017.”

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