The NYDFS Cybersecurity Requirements, effective since 2017, mandate that financial institutions design, implement, and annually certify cybersecurity programs to protect data and IT systems. Regulated entities include banks, insurers, and mortgage companies, with fines ranging from $2,500 to $75,000 per day for violations. Thales assists institutions in achieving compliance through data, application, and identity security. Its solutions provide encryption, access control, audit trails, multi-factor authentication, and third-party risk management to safeguard sensitive information and ensure adherence to NYDFS Part 500 regulations.

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