Katherine Lemire, left, and Laura Ferguson, right, of Quinn Emanuel Urquhart & Sullivan. Courtesy photos New Cybersecurity Regulations are Here. This Is What You Need to Know.
Attorneys from Quinn Emanuel Urquhart & Sullivan break down new requirements promulgated by the New York State Department of Financial Services.
November 01, 2024 at 05:13 PM
5 minute read
Cybersecurity
A deadline for implementing changes to New York cybersecurity regulations is just around the corner. On November 1, significant revisions to the regs enforced by the New York Department of Financial Services (DFS)—the state's financial services regulator—went into effect. The DFS revisions create a long-arm provision in that the changes affect not only New York State companies, but also their affiliates, and therefore the revisions could have an impact far beyond New York State borders.
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