Aligning With NYDFS Requirements
The New York Department of Financial Services (NYDFS) Cybersecurity Regulation, also known as Part 500, was established to strengthen the cyber resilience of financial institutions and other regulated entities in the face of growing cybersecurity threats. NYDFS mandates comprehensive security measures, including risk assessments, incident reporting, access controls, and data protection, to safeguard sensitive nonpublic information (NPI) and ensure the integrity of financial systems. Aligning with NYDFS requirements is crucial for organizations not only to avoid substantial penalties for non-compliance but also to protect their customers, data, and reputation from increasingly sophisticated cyberattacks. Compliance with Part 500 enhances an organization’s overall cybersecurity posture, reduces the risk of costly breaches, and fosters trust with clients and regulators in an industry that demands stringent security controls.
Armis has been instrumental in helping organizations align with NYDFS Cybersecurity Regulation (Part 500) and other critical financial industry requirements by providing real-time visibility, security, and control over all connected devices—both managed and unmanaged—across an organization’s network. As financial institutions face increasingly stringent regulations, Armis’s platform offers continuous monitoring and automated risk assessments that ensure compliance with key mandates, such as incident detection, user access management, and asset inventory tracking. By identifying vulnerabilities, detecting anomalies, and providing detailed reporting, Armis enables organizations to maintain a strong security posture, satisfy regulatory requirements like multifactor authentication (MFA), and streamline the process of filing compliance certifications. In addition to NYDFS, Armis helps organizations meet other financial regulations such as PCI-DSS and SOX, protecting sensitive data and enhancing operational resilience in a dynamic operating environment.
Download this white paper to learn how Armis acts as a comprehensive tool to help organizations meet the stringent cybersecurity requirements outlined by NYDFS Part 500.