Why NYDFS Cybersecurity Matters
NYDFS protects consumers, strengthens operational resilience, and raises the bar for the entire financial ecosystem.
Mandatory Coverage
Applies to banks, insurers, mortgage servicers, money transmitters, and virtual currency businesses licensed in New York.
Breach Readiness
Clear expectations for monitoring, incident response, continuity, and recovery so events are contained quickly.
Board Accountability
Defined roles, annual certifications, and independent assessments elevate cybersecurity to the executive agenda.
Consumer Trust
Auditable controls and documented evidence reassure customers, partners, and regulators.
Who Needs NYDFS Compliance?
NYDFS applies to covered entities operating in New York’s financial sector.
Banks & Insurers
Prove resilience and stewardship of customer data with a defensible program and evidence trail.
Mortgage Lenders & Servicers
Protect borrower information and servicing platforms with continuous assurance.
Money Transmitters & Fintechs
Meet licensing obligations as you scale using reusable controls across frameworks.
Virtual Currency Businesses
Demonstrate strong security and incident response for custody and transaction systems.