New York Financial Regulator Rolls Out Cybersecurity Proposals

  • State calls for banks, insurers to adopt cybersafety policies
  • New York to require firms to designate cybersecurity officer

New York state is proposing new rules requiring banks and insurance companies to establish cybersecurity programs and designate an internal cybersecurity officer, in what Gov. Andrew Cuomo described as a "first-in-the-nation" move to codify cyber safety policies.

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