NY banking regulator unveils details on planned cyber security rules

Image Source: Article

Image Source: Article

New York State's financial services regulator on Tuesday unveiled details about potential new cyber security regulations for banks and insurance companies under its jurisdiction.

The measures, which follow a string of high-profile hacking incidents, would include everything from requiring that firms appoint a chief information security officer and adopt a multi-stepped process for allowing employees and customers to log into their systems.

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