Former NYDFS deputy superintendent Brian Montgomery and former National Coordinator of the DOJ’s Computer Hacking & IP Program Mark Krotoski will be joined by Global Sourcing & Technology Transactions partner Adam Chernichaw for this program. They will discuss NYDFS guidance on cybersecurity risk associated with third-party service providers, including how covered entities can manage third-party risk and key distinctions from guidance issued by other U.S. financial regulators.

Our discussion will cover:

  • How the increasing use of AI impacts third-party risk management
  • Third-party risk management standards under the NYDFS cybersecurity rule
  • Updates on guidance for multifactor authentication
  • Incident response and a NYDFS checklist of issues to prepare for in case of a cybersecurity event

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Pillsbury