FROM THE RESEARCH DESK

NYDFS Part 500 Compliance Standards, IT Prerequisites, and Strategies to Lower Your Cyber Premiums. For financial advisors in New York City, cybersecurity insurance is no longer a “check-the-box” expense-it is a rigorous audit of your firm’s technical maturity. As of April 2026, insurance carriers have aligned with NYDFS Part 500 and SEC Regulation S-P amendments,…

You’re not silly to ask “what is cyber liability insurance?” It’s actually a very important question. Cybersecurity has become incredibly important for organizations and enterprises worldwide, especially as technology advances in nearly all industries. Therefore, having an insurance policy to protect those who utilize cybersecurity and all it offers makes perfect sense. Let’s take a…

If your business uses data, it should also be using cyber risk insurance to protect that data from the fallouts of a breach. Cyber insurance is a must for modern businesses, particularly those in data-rich industries like law, healthcare, and finance, as is having a plan of attack for how you respond to breaches if…