On December 10, New York's Department of Financial Services issued a bulletin notifying all New York state-chartered or licensed banking institutions that cybersecurity examinations will be included within the overall IT examination process. The cybersecurity examinations will now include reviews of: (i) corporate governance; (ii) protections against intrusion; (iii) information security testing and monitoring; (iv) cybersecurity insurance coverage; and (v) third-party protections.

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