NYDFS and Third-Party Risk Management: How It Impacts You

The New York State Department of Financial Services (NYDFS) mandates that organizations maintain a cybersecurity program, establish information security policies, and create a third-party risk management program – among other important requirements. Because the regulation applies to most financial services organizations operating in New York, how can you make sense of the requirements and how they impact your organization?

Join compliance experts Alastair Parr and Thomas Humphreys as they explore the third-party risk management requirements in the NYDFS regulation and how they affect your TPRM program.

In this webinar, Alastair and Thomas review:

• The basics of the 23 NYCRR 500 regulation and what it covers
• How to create an accurate and comprehensive list of third-party service providers
• Due diligence processes for assessing the adequacy of third parties’ cybersecurity practices
• Creating proactive continuity and recovery plans to meet NYCRR 500 requirements
• The timeline for notifying NYDFS about any cybersecurity incidents from your third parties

Watch this on-demand webinar to learn how to navigate NYDFS TPRM requirements.