How To Achieve 23 NYCRR Part 500 Compliance

How To Achieve 23 NYCRR Part 500 Compliance

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Also referred to as 23 NYCRR Part 500, the NYDFS Cybersecurity Regulation is a set of regulations that are considered as cybersecurity best practices for financial institutions. It’s a set of rules that enacts new & stricter cybersecurity requirements on covered entities.

Know your network:

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Ensure you’ve an updated inventory of each asset, its type, version and role. Assets must be classified as facing in & facing out of the network.

Write security policies for each type of asset:

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Each kind of environment & asset must have a unique policy, apt for the exact functions it has and the unique threats that it encounters.

Use tools to discover feasible vulnerabilities threatening your network:

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Make use of scanners & penetration tests to keep an updated valuation of your company’s position regarding known & unknown vulnerabilities. Regularly observe the compliance posture of your assets & their exposure to vulnerabilities.

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