Cybersecurity Requirements for Financial Services Companies (New York Department of Financial Services; the Part the New York P&C exam outline cites as "Reg 23")

What this document is

23 NYCRR Part 500 - Cybersecurity Requirements for Financial Services Companies (New York Department of Financial Services; the Part the New York P&C exam outline cites as "Reg 23") is a regulation published by New York State Department of State, Division of Administrative Rules - Official Compilation of Codes, Rules and Regulations of the State of New York (NYCRR). Served for free public access at govt.westlaw.com/nycrr by Thomson Reuters under contract with the Department of State, which manages NYCRR; the site's own footer names the Department of State as its principal.. It is one of the New York documents that insurance license exam questions are written from, including new york property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• 23 NYCRR 500.17(a)(1) (Notices to superintendent; notice of cybersecurity incident)

  “(1) Each covered entity shall notify the superintendent electronically in the form set forth on the department’s website as promptly as possible but in no event later than 72 hours after determining that a cybersecurity incident has occurred at the covered entity, its affiliates, or a third-party service provider.”

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