DFS ( The New York State Department of Financial Services ) will launch new cybersecurity regulations on three months later , up to two years than originally planned, to give companies time to become compliant. If organizations are found with lacking cybersecurity practices that result in a breach, they could become a target of the Federal Trade Commission. Initial plans met with significant resistance but the revised regulations now include an easing of timelines, allowing companies 1 March to "establish and maintain a cybersecurity program designed to protect consumers".
DFS ( The New York State Department of Financial Services ) will launch new cybersecurity regulations on three months later , up to two years than originally planned, to give companies time to become compliant. Initial plans met with significant resistance but the revised regulations now include an easing of timelines, allowing companies 1 March to "establish and maintain a cybersecurity program designed to protect consumers".