NY Department of Financial Services Issues Guidance Regarding Cybersecurity Awareness during COVID-19
The New York Department of Financial Services (DFS) issued guidance to its regulated entities regarding heightened cybersecurity awareness as a result of the COVID-19 pandemic. The DFS has identified several areas of heightened cybersecurity risk as a result of this crisis: remote work, phishing and fraud and third-party risk.
As called for by DFS’s cybersecurity regulation, regulated entities should assess the risks described below and address them appropriately, says the DFS.