DFS Latest Regulations Addressing Cyber security-Online Webinar

Tuesday, May 09, 2017 at 10:00AM - 1:00PM
Fremont, CA

Event Details

On September 13, 2016, the New York State Department of Financial Services published draft regulations addressing Cybersecurity and related business continuity issues for over 3,000 regulated entities in the state. On Dec 28, 2016, DFS came out with revisions. These regulations for Financial Institutions and Insurance companies, is just as pertinent to all organization who wish to have resiliency.

The New York State Department of Financial Services has modified its proposed cybersecurity regulations and delayed their start date by two months. The proposed regulations went into effect on March 1, 2017, with a 180-day compliance window.

According to Governor Andrew M. Cuomo, these are "first-in-the-nation regulations" designed to protect New York State from the ever-growing threat of cyber-attacks. They "requires banks, insurance companies, and other financial services institutions regulated by the State Department of Financial Services to establish and maintain a Cybersecurity program designed to protect consumers and ensure the safety and soundness of New York State’s financial services industry."

Objectives of the Presentation
Part one of the presentation will cover what must be developed, how to implement it, and how to manage and test your program.
  • How to establish a Cybersecurity program
  • Creating Cybersecurity policies
  • Chief Information Security Officer responsibilities
  • Third-Party Service Providers policies and procedures to ensure the security of information systems
  • Additional requirements of the regulation
Part two of the presentation will discuss these "first in the nation" regulations, their sweeping reach, and the pitfalls and ambiguities they contain.

It will also discuss the implications these regulations raise for entities not under the regulatory reach of NYS DFS, and for Cybersecurity and business continuity compliance generally.

Why Should you Attend
The New York Department of Financial Services (NYDFS) is moving forward with new regulations that will require financial institutions to establish and maintain a cybersecurity program meeting "certain regulatory minimum standards." Banks, state-licensed lenders, mortgage industry companies, insurance companies, money services businesses, and all other financial institutions subject to NYDFS jurisdiction should carefully assess whether existing security measures will need to be enhanced and what additional steps may need to be taken to satisfy the requirements. All financial institutions should be aware of the realistic possibility that any final regulations promulgated by the NYDFS could become the de facto national standard. These regulations for Financial Institutions and Insurance companies, is just as pertinent to all organization who wish to have resiliency.

Who will Benefit
All insurance companies, Financial institutions and others under DFS with over 10 employees including consultants, who made 5Mil or more last year and who have 10Mil in assets.
  • CISO
  • CIO
  • Auditors
  • President (small company) & Regulatory Compliance Officer.

For Registration

Note: Use Promo code WE3PL and get 10% off on registration (Valid till MAY 31st 2017)

Organization Details

Online Compliance Panel (OCP) creates and delivers comprehensive industry relevant training sessions. These sessions are simple, interactive and cost effective. We are a predominantly web based information exchange forum. Live interactions on compliance training make the process holistic and effective. OCP largely emphasizes in offering regulatory compliance training to compliance professionals on varied topics. These primarily include risk management, quality management, corporate compliance and other regulatory compliances. Some of our primary areas of focus include advancement and updates in regulatory compliance, best practices and market trends.

We strive to incorporate high standards in developing a culture facilitating exchange of ideas resulting in functional excellence. OCP believes in nurturing ideas and thought processes through innovative e-learning methodologies. Our products and services are designed to offer customized solutions to industry and market. We bridge the gap between experience and knowledge thus delivering original and creative content.

Our objectives of employing interactive mediums ensure effective communication and mutual exchange of ideas. OCP closely follows best practices and regulatory trends in the global compliance scenario. We also observe and communicate trends witnessed in FDA, ISO regulations, process and design validation. All updates and additions to important laws can be accessed by our customers in real time.

Our mission is to empower compliance professionals through effective online training sessions. Our world class training methodologies stem from comprehensive understanding of client requirements. The content conforming to FDA and ISO standards is developed by well qualified and experienced industry leaders. Our offerings will exceed expectations and add value to your investment.

The content in various categories such as medical devices, pharmaceuticals and biotechnology will raise the bar in terms of quality already on offer .We hope to contribute to the creation of responsible organizations creating benchmarks in quality, integrity and transparency.

Online Event
38780 Tyson Lane, Apt 210
Fremont, CA 94536

Starts May 09, 2017 at 10:00AM - 1:00PM

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Contact Information

Organization: Online Compliance Panel LLC

Event Contact: OCP Panel

Phone: 15108575896