The New York Department of Financial Services issued a reminder to covered entities that the third transitional period in the agency’s cybersecurity regulation will end Sept. 4. At that time, regulated entities are required to comply with various aspects of the rule, including encryption for nonpublic information.
“Sept. 4 marks another important milestone in further protecting the financial services industry and the consumers they serve,” Superintendent Maria Vullo said in a press release.
Read on for more on what companies will be required to comply with beginning in September.