At RSI we are experts in guiding you through the process of achieving New York DFS 23 NYCRR 500 compliance.
As of March 2017 the New York State Department of Financial Services (DFS) mandated that the financial sector abide by new Cybersecurity regulations. All individuals or entities operating under a license, registration, charter, certificate, permit, accreditation or similar authorization under New York banking, insurance, or financial service laws are required to comply by the newest regulations.
Organizations know that this is a process and not just a once-a-year event. We can help you get through this process so that you have the peace of mind that your data is secure and more importantly that your customer's data is secure.
Not maintaining NYDFS 23 NYCRR 500 compliance can have devastating consequences:
- Lost customers
- Fraud losses
- Legal costs, settlements, judgements
- Fines and penalties
- Brand errosion
- Going out of business