Cybersecurity Fairy Tale: NYDFS Turns Pumpkins into Carriages… or Does It?

Once upon a time, the NYDFS played fairy godmother, unveiling the “Second Amendment to 23 NYCRR Part 500” – a magic wand waving NYDFS Cybersecurity Regulation Updates. A Cinderella story in reverse, it turns the party into a pumpkin at midnight. Beware, financial entities, tighten…

Hot Take:

So, the NYDFS decided to play the cybersecurity fairy godmother and bless us with a magical wand called the "Second Amendment to 23 NYCRR Part 500". What does it do? Well, it's supposed to transform your cybersecurity pumpkin into a beautiful carriage. But in reality, it’s more like a Cinderella story in reverse, turning the party into a pumpkin when the clock strikes 12. It's a heads-up for all you financial entities out there - tighten your cyber belts or face the wrath of the fairy godmother!

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