New York State Department of Financial Services

NYDFS Issues Guidance on 3rd Party Cybersecurity Risks

NYDFS Issues Guidance on 3rd Party Cybersecurity Risks
NYDFS Issues Guidance on 3rd Party Cybersecurity Risks
October 21, 2025  |  Cybersecurity

New York’s financial watchdog has issued new guidance on cybersecurity risks connected to third-party service providers. Get the Full Story Complete the form to unlock...

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NY Fines Car Insurers $20 Million Over Reporting Failures
NY Fines Car Insurers $20 Million Over Reporting Failures
February 24, 2025  |  Insurance

New York has closed a multi-year probe into car insurers’ failure to report timely information. Get the Full Story Complete the form to unlock this...

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PayPal to Settle New York’s Allegations of Cybersecurity Failures
PayPal to Settle New York’s Allegations of Cybersecurity Failures
January 23, 2025  |  Cybersecurity

PayPal will pay a $2 million penalty to New York state to settle the state’s allegations that the company had cybersecurity failures that led to...

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NY Seeks Fairer Lending From Nonbank Mortgage Companies
NY Seeks Fairer Lending From Nonbank Mortgage Companies
December 17, 2024  |  Legal & Regulation

New York’s financial watchdog has proposed new measures governing nonbank mortgage lenders. Get the Full Story Complete the form to unlock this article and enjoy...

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NYDFS Issues Guidance for Combatting AI-Enabled Cybersecurity Risks
NYDFS Issues Guidance for Combatting AI-Enabled Cybersecurity Risks
October 16, 2024  |  Cybersecurity

The New York State Department of Financial Services (DFS) issued new guidance to help DFS-regulated entities address and combat cybersecurity risks arising from artificial intelligence...

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Nordea Reaches Settlement With New York DFS Over Compliance Failures
Nordea Reaches Settlement With New York DFS Over Compliance Failures
August 27, 2024  |  Legal & Regulation

Nordea Bank Abp has reached a settlement with the New York State Department of Financial Services (DFS) after the regulator determined that the bank had compliance...

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NYDFS Issues Guidance for Insurance Companies’ Use of AI
NYDFS Issues Guidance for Insurance Companies’ Use of AI
July 11, 2024  |  Insurance

Insurers’ use of artificial intelligence (AI) must not discriminate against consumers, New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris said Thursday...

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Use Cases for Blockchain Gain Momentum as User Experience Simplifies
Use Cases for Blockchain Gain Momentum as User Experience Simplifies
June 03, 2024  |  Cryptocurrency

End-users of technologies don’t want to think — they just want to use. And out-of-the-box usability is particularly essential when it comes to next generation...

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