New York regulator exploring new cyber security rules

The New York Department of Financial Services (NYDFS) is
considering potential new regulations to improve cyber security
within the financial sector.
In a 9 November letter sent to regulators, including the
Securities and Exchange Commission, the NYDFS said that cyber
security was among the most critical issues facing the financial
world and posed a particular challenge to regulatory agencies.
"There is a demonstrated need for robust regulatory action
in the cyber security space, and the departm