New York State Department of Financial Services Cybersecurity Regulation
NYDFS 23 NYCRR 500
The New York State Department of Financial Services Cybersecurity Regulation (23 NYCRR Part 500) is mandatory for financial-services companies licensed in New York. It requires a cybersecurity program and policy, access controls and multi-factor authentication, encryption, risk assessments, audit trails, incident response, and breach notification.
For covered entities operating on AWS, Azure, GCP, or OCI, NYDFS 500 translates into enforceable access control, encryption, and logging around regulated systems. Cloudanix continuously assesses these controls and produces the audit trails and evidence the regulation requires.