NYS DFS Checkup™ Provides Online Self-assessment for 23 NYCRR Part 500

The Assured philosophy is to empower our clients with the appropriate, cost-efficient, level of assessment necessary to provide visibility into cyber risk and into compliance.

The ground-breaking New York State Department of Financial Services (NYS DFS) cybersecurity regulations have transitioned into full force and effect. The law requires nearly all regulated banking, finance and insurance organizations operating in the state (“Covered Entities”) to conduct an annual, professional, comprehensive cybersecurity risk assessment, with normative requirements beyond assessments: bi-annual software vulnerability scans, penetration testing, installation of a Chief Information Security Officer (CISO) or a Virtual CISO, reporting data breaches within 72 hours, use of multifactor authentication, encryption and more.

Assured offers a comprehensive set of products and services to satisfy the NYS DFS regulations completely—from assessment to compliance to vulnerability scanning, multi-factor authentication, encryption and more, for Covered Entities ranging in size from the Fortune 100 to a 12-person insurance brokerage firm.

NYS DFS Checkup™

For smaller and medium sized companies, Assured announces its online NYS DFS Checkup™, empowering companies to see how they stack up against the NYS DFS compliance standards. The tool delivers customized clarity of what is needed to comply with the regulations. One of the hallmarks of any Assured assessment is the combination of cost-efficiency and practicality addressing both steps for compliance and improved security.

For larger companies, Assured continues to offer its TripleHelix™ comprehensive cyber risk assessment tool which yields a Roadmap of improvements, a CyberScore®, and a Regulatory Compliance Dossier™, populated with any regulatory or compliance report from dozens available, including the NYS DFS filing. TripleHelix™ is truly one-stop shopping, respecting management time and client resources.

“The Assured philosophy is to empower our clients with the appropriate, cost-efficient, level of assessment necessary to provide visibility into cyber risk and into compliance,” said Stephen M. Soble, Assured’s CEO. “The new NYS DFS Checkup™ is a tailored, online…

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