What is NYDFS NYCRR 500?

Definition

The New York Department of Financial Services’ cybersecurity regulation that mandates security measures for financial institutions.

Real-World Examples

A fintech app operating in New York must comply with NYDFS NYCRR 500 to ensure it meets state cybersecurity requirements.

Featured Articles

Quiz

Does the NYDFS NYCRR 500 regulation apply to emergency services, like fire departments?

No, the NYDFS NYCRR 500 regulation applies to financial institutions.