NYDFS – Debevoise Data Blog

Artificial Intelligence

Top 10 (Well, 11) Cybersecurity Blog Posts for 2024

By: Charu A. Chandrasekhar, Luke Dembosky, Avi Gesser, Gareth Hughes, Erez Liebermann, Jim Pastore, Caroline Novogrod Swett, Marshal Bozzo, Matt Kelly, Robert Maddox, Johanna Skrzypczyk, HJ Brehmer, Stephanie Cipolla, Jackie Dorward, Melyssa Eigen, Joshua A. Goland, Martha Hirst, Karen Joo, Gabriel Kohan, Jarrett Lewis, Noah L. Schwartz, Ned Terrace, Stephanie Thomas, Annabella M. Waszkiewicz, Michiko Wongso and Mengyi Xu December 10, 2024

As we approach the end of the year, here are the Top 10 Cybersecurity posts on the Debevoise Data Blog in 2024 by page views. If you are not already…

Artificial Intelligence

Part 500, One Year Later (Part Two) – Defining “Material Compliance”

By: Luke Dembosky, Avi Gesser, Erez Liebermann, Stephanie Thomas and Joshua A. Goland November 13, 2024

November 1, 2024 marked the one-year anniversary of the second amendment to the New York Department of Financial Services’ (“NYDFS” or the “Department”) Cybersecurity Regulation (the “Regulation” or “Part 500”).…

Artificial Intelligence

Webcast – Tips on Managing Cybersecurity Risks Arising from AI – New Guidance from the NYDFS

By: Charu A. Chandrasekhar, Luke Dembosky, Avi Gesser and Erez Liebermann October 30, 2024

On November 8th, Avi Gesser, Luke Dembosky, Erez Lieberman, and Charu Chandrasekhar from the Debevoise Data Strategy and Security Group discussed the recent NYDFS Industry Letter providing guidance on assessing…

Cybersecurity

NYDFS Part 500, One Year Later (Part One) – New Requirements Effective November 1, 2024

By: Avi Gesser, Erez Liebermann, Stephanie Thomas and Joshua A. Goland October 30, 2024

November 1, 2024, marks the one-year anniversary of the second amendment to the New York Department of Financial Services’ (“NYDFS” or the “Department”) Cybersecurity Regulation (the “Regulation” or “Part 500”).…

Artificial Intelligence

Managing Cybersecurity Risks Arising from AI – New Guidance from the NYDFS

By: Charu A. Chandrasekhar, Luke Dembosky, Avi Gesser, Erez Liebermann, Johanna Skrzypczyk, Marshal Bozzo, Mengyi Xu and Ned Terrace October 20, 2024

On October 16, 2024, the New York Department of Financial Services (the “NYDFS”) issued an Industry Letter providing guidance on assessing cybersecurity risks associated with the use of AI (the…

Artificial Intelligence

The NYDFS Plans to Impose Significant Obligations on Insurers Using AI or External Data

By: Eric Dinallo, Avi Gesser, Erez Liebermann, Marshal Bozzo, Matt Kelly, Johanna Skrzypczyk, Corey Goldstein, Samuel J. Allaman, Michelle Huang and Sharon Shaji January 29, 2024

On January 17, 2024, the New York State Department of Financial Services (the “NYDFS”) issued a Proposed Insurance Circular Letter regarding the Use of Artificial Intelligence Systems and External Consumer…

Cybersecurity

Webcast: NYDFS Cybersecurity Final Amendments

By: Avi Gesser, Erez Liebermann and Stephanie Thomas November 28, 2023

On Tuesday, November 28 Avi Gesser, Erez Liebermann and Stephanie Thomas of the Debevoise Data Strategy and Security group hosted a webcast that examined the final amendments to Cybersecurity Regulation, 23…

Cybersecurity

A Summary of the Final Amendments to the NYDFS Cyber Rules

By: Luke Dembosky, Avi Gesser, Erez Liebermann, Charu A. Chandrasekhar, Caroline Novogrod Swett, Johanna Skrzypczyk, Michael R. Roberts, Stephanie Thomas and Joshua A. Goland November 14, 2023

As will be discussed in our November 28, 2023 webcast, on November 1, 2023, the New York Department of Financial Services (“NYDFS” or the “Department”) announced the adoption of the…

Cybersecurity

Webcast: New York DFS Revises Proposed Amendments to Cybersecurity Rule

By: Eric Dinallo, Avi Gesser, Erez Liebermann, Marshal Bozzo and Stephanie Thomas July 7, 2023

On Friday, July 7th, 2023, Eric Dinallo, Avi Gesser, Erez Liebermann, Marshal Bozzo, and Stephanie Thomas hosted a webcast that examined the Revised Proposed 2nd Amendment to the Part 500…