Although some limited exemptions apply, let’s be clear: Any entity regulated by New York’s Department of Financial Services (DFS) must comply with at least parts of 23 NYCRR 500. Small business? You still need to follow many sections of the law. Headquartered elsewhere? If you do business in New York, the law applies to your…
Many of the Financial Institutions I’ve spoken to over the last two-year period weren’t even aware that the Department of Financial Services of New York (DFS) had PUT FORWARD one of the most aggressive Cybersecurity Regulations in the country. And if they did, most were very confused about it. Many thought they were “EXEMPT.” I…
COVID19 is teaching us a business lesson… As businesses recover from one of the biggest catastrophes to hit our nation. Your job as the leader of your organization is to re-shape your business model. I cringe at the thought that my local fish store doesn’t take apple pay (why not?) it’s 2020. But we all…