Achieving Compliance with New York Financial Services Cybersecurity Requirements DFS 23 NYCCR 500

Morey Haber, Chief Technology Officer
March 14th, 2017

New York DFS 23 NYCCR 500

Cybercriminals seek to exploit technological vulnerabilities to gain access to sensitive electronic data and financial transactions and cause significant financial losses for any regulated entities and consumers. The financial services industry is a significant target for cyber threats due to the direct impact of monetary gain by targeting the industry.

Given the severity of the issue and the risk to all regulated entities, certain regulatory minimum standards are warranted to mitigate flaws in technological advancements. BeyondTrust has been monitoring the legislation from The New York State Department of Financial Services (“DFS”), 23 NYCRR 500, to combat the ever-growing threat posed to information and financial systems by nation-states, terrorist organizations and independent criminal actors. Now that this regulation is in force, it’s important for organizations to understand the requirements and how to comply with them.

To that end, BeyondTrust has developed a brief on achieving compliance with DFS 23 NYCRR 500. This compliance brief maps BeyondTrust solutions for privileged access management and vulnerability management into the requirements for NYCRR 500.

For more on this critical cybersecurity regulation and how to achieve compliance with it, please download the brief today!

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Morey Haber, Chief Technology Officer

With more than 20 years of IT industry experience and author of Privileged Attack Vectors, Mr. Haber joined BeyondTrust in 2012 as a part of the eEye Digital Security acquisition. He currently oversees BeyondTrust technology for both vulnerability and privileged access management solutions. In 2004, Mr. Haber joined eEye as the Director of Security Engineering and was responsible for strategic business discussions and vulnerability management architectures in Fortune 500 clients. Prior to eEye, he was a Development Manager for Computer Associates, Inc. (CA), responsible for new product beta cycles and named customer accounts. Mr. Haber began his career as a Reliability and Maintainability Engineer for a government contractor building flight and training simulators. He earned a Bachelors of Science in Electrical Engineering from the State University of New York at Stony Brook.