The New York Department of Financial Services (NYDFS) is moving forward with new regulations that will require financial institutions to establish and maintain a cybersecurity program meeting "certain regulatory minimum standards." Banks, state-licensed lenders, mortgage industry companies, insurance companies, money services businesses, and all other financial institutions subject to NYDFS jurisdiction should carefully assess whether existing security measures will need to be enhanced and what additional steps may need to be taken to satisfy the requirements. All financial institutions should be aware of the realistic possibility that any final regulations promulgated by the NYDFS could become the de facto national standard. In this webinar, we will discuss the implications of the NYDFS regulations for financial institutions nationwide.

Topics:

  • What the proposed regulations will require;

  • How financial institutions should prepare for the new regulations;

  • Opportunities for financial institutions to still impact the final regulations; and

  • Heightened NYDFS data security activity, including enforcement.

Date & Time

October 6, 2016
12:00 PM - 1:00 PM ET

Moderator

Alan S. Kaplinsky
Practice Leader
Consumer Financial Services

SpeakerS

Edward J. McAndrew
Privacy and Data Security

Consumer Financial Services

Kevin D. Leitão
Privacy and Data Security

Consumer Financial Services

Kim Phan
Privacy and Data Security

Consumer Financial Services

This program is open to Ballard Spahr clients interested in the NYDFS proposed cybersecurity regulations. There is no cost to attend. This program is not eligible for CLE credits.

Please register at least two days before the webinar. Login details will be sent to all approved registrants. For more information, contact Daniel Martin at martind@ballardspahr.com.

Register