Agents and agencies who sell in New York - Cybersecurity

Apr 10, 2019

  1. Summit Compliance
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    Summit Compliance New Member

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    State:
    Minnesota
    What are you doing to meet the NY Cybersecurity regulation (23 NYCRR 50- https://www.dfs.ny.gov/docs/legal/regulations/adoptions/dfsrf500txt.pdf)? It's cumbersome and the exemptions for smaller agents/agencies still require some work to meet the rule. I've seen some insurance carriers send questionnaires to their producers to ask about data security, and I've also heard of examples where the NY Department of Financial Services is actually reaching out to ask licensees why they haven't completed the annual certification (due every February).

    Have you been contacted by an insurance carrier or the NY DFS? If so, were they satisfied with your answers? I'm curious what others' experience has been.
     
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