Articles by tag "compliance"
To Do: Check List to Comply with DFS Cybersecurity Law
It is critical for all regulated institutions that have not yet done so to move swiftly and urgently to adopt a cybersecurity program and for all regulated entities to be subject to minimum standards with respect to their programs.
The law will produce large penalties if your company is found not in compliance and Digital Edge’s Solution is here to help avoid those hefty fines.
To Do List:
- Determine if you are regulated; to see how please click here.
- Determine if you are eligible for any of the 5 possible exemptions; to review the exceptions click here.
- If you are eligible for exemption, you must file the Cyber Security Notice of Exception by September 27, 2017.
- Depending on your exemption category, you may still need to build a cyber security system. Click here to see how Digital Edge can help you.
- By August 28, 2017, covered entities must be in compliance.
- February 15, 2018, covered entities must submit first Certification of Compliance.
DFS Compliance – Mandatory Cybersecurity Requirements
On March 1, 2017, the New York State Department of Financial Services’ (DFS) mandatory cybersecurity requirements for financial services entities became effective, with implementation to occur within 180 days (August 28, 2017). Let the Digital Edge Cybersecurity Team keep your business in compliance!
At a high level, the regulation requires that all covered entities:
- Conduct a documented risk assessment
- Establish a risk-based cybersecurity program
- Adopt a written cybersecurity policy
- Designate a qualified CISO
- Implement written third-party cyber risk policies
- Establish a written incident response plan
- Notify the superintendent of DFS of any cybersecurity events
- Submit an annual certification of compliance
It is critical for all regulated institutions that have not yet done so to move swiftly and urgently to adopt a cybersecurity program and for all regulated entities to be subject to minimum standards with respect to their programs. To learn more about this mandatory compliance regulations, please read our most recent whitepaper entitled “DFS Compliance – Mandatory Cybersecurity Regulations”
Digital Edge DFS Cybersecurity Solution
The Digital Edge Cybersecurity Team is well-versed in the DFS regulation. We are ready to help companies mitigate risk and ensure compliance with all aspects of the DFS regulation! Contact us today to further explore how our team can provide your business with an unparalleled cybersecurity solution, with our continued focus on Stability, Security, Efficiency and Compliance.
Log Management: Related Laws and Regulations
Log management is an often overlooked function of any IT organization. On one hand it is a very simple thing, however when implemented, you may find yourself overwhelmed in a plethora of details and related problems and can inevitably lead many to just drop the implementation – with the thought – we may not need it, everything is working on its own.
In addition to a great stash of valuable information, visibility, capabilities for additional alerting, predictions, forensic and behavior analysis, log management is one of the areas of control for multiple compliance and regulatory frameworks.
Relevance to Laws and Regulations: There are multiple compliance regulations related to log management. It is the law to log and review.
Digital Edge is proud to introduce our new and latest product LogIT. Log Management will allow us to assist our clients uncover the value of something that already exists, but is not visible in their information technology environment's plethora of valuable information. Digital Edge ensures that our clients will get the most out of their application, system, and security logs. Besides collecting and storing logs, LogIT will help expose the full use of logs and machine data for network protection and compliance.
Digital Edge provides enterprise ELK Log Management Solution, cloud based or on premises. We stand out from our competitors for multiple reasons – including that we do not limit retention period and we don't have restrictions for value or speed for log streams. Additionally, we customize dashboards for our clients individual needs and expose our services to clients over VPNs of private cross-connects in data centers that we support. On top of all that, Digital Edge's LogIT can provide an unparalleled solution in today's IT Landscape.
Through sensors, Digital Edge captures all possible information generated in any device, application, and security event. We ensure security by staying alert on any security alert generated by any infrastructure device or application, along with collecting valuable forensic information. LogIT also provides a combination of structured and unstructured search built on our Elasticsearch backend. Unstructured search provides a Google-like experience while our MDI fabric enables contextual search when greater precision is required. Our search builder allows you to easily realize the best of both worlds instantly.
Click the link https://www.digitaledge.net/log-management-assessment-tool/ to assess your log management needs and budget. For further information please feel free to contact us.