In today's complex digital economy we must acknowledge that systemic risk is tantamount to being attacked directly by nation states, organized crime and (like it or not) bored teenagers looking to impress their friends. Keeping up with evolving cybersecurity regulations is crucial to safeguarding your customer data and your company's data and ensuring compliance with the latest requirements.

 

A significant set of new cybersecurity regulations are coming into fruition in 2024. Even if you are not a covered entity for the NYDFS, FTC or SEC, there is a non-trivial possibility that you must pay close attention to these new compliance requirements because they all make reference to third-party breach and incident disclosure.