WHITEPAPER Tackle the NYDFS Cybersecurity Requirements with Netskope 2 The New York Department of Financial Services (DFS) 23 NYCRR 500 Cybersecurity Requirements for Financial Services Companies are a series of regulations that require banks, insurance companies, and other financial services institutions regulated by the NYDFS to establish and maintain cybersecurity programs designed to protect consumers’ private data. The requirements from Department of Financial Services (DFS) go beyond what’s been historically seen from regulators, requiring, among other things, organizations assess their cyber risks, implement a comprehensive written cybersecurity program, and manage the cyber risks of their third-party vendors. The cybersecurity regulation went into effect March 1, 2017 and

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