New York Governor Andrew Cuomo recently announced final “first-in-the-nation” cybersecurity regulations that took effect on March 1, 2017. New York’s Department of Financial Services (NYDFS) will administer these rules. NYDFS first issued proposed cybersecurity rules on September 13, 2016, and issued a revised version of the rules on December 28, 2016. The final rules, issued on February 16, 2017, largely resemble the revised version of the rules issued on December 28.

Originally posted in Securities Regulation Daily - May 24th, 2017.