1-Hour Program

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Overview

23 NYCRR 500 is a regulation establishing cybersecurity requirements that is supervised by the NYDFS, including banks, trusts, budget planners, check cashers, credit unions, money transmitters, licensed lenders, mortgage brokers or bankers, and insurance companies that do business in New York. Informing firms on how to comply with 23 NYCRR 500 and the SHIELD Act can benefit their business in a positive direction. Learn what these regulations are and what is required to meet compliance requirements.

Aishwarya Minocha and Joseph Horowitz of Stetson Cybergroup and Ronald J. Hedges of Dentons US LLP will discuss:

  • The scope of the SHIELD Act (5 minutes)
  • What a “data breach” actually is (5 minutes)
  • How New York defines “private information” (5 minutes)
  • Basic best practices for handling sensitive information (5 minutes)
  • How to begin a compliance program for your firm (10 minutes)
  • Steps to take to prepare for a data breach (10 minutes)
  • The new information security requirements, penalties for breach, applicable legal ethical principles, and types of products available to the legal sector to assist in compliance with the SHIELD Act’s reasonable security requirement (10 minutes)
  • The statutory, ethical, and cybersecurity issues posed by the SHIELD Act (10 minutes)

 

Program Level: Update

Intended Audience: In-house counsel, outside attorneys, compliance, finance and other allied professionals involved in cybersecurity administration

Prerequisites: None

Advanced Preparation: None

Credit Details

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