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Covington Discusses NY Financial Services Department Guidance on Data Privacy and Cybersecurity

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The CLS Blue Sky Blog

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  • Covington Discusses NY Financial Services Department Guidance on Data Privacy and Cybersecurity

On October 21, 2025, the New York State Department of Financial Services (“NYDFS”) issued an industry letter (the “Guidance”) highlighting the cybersecurity risks related to Covered Entities’ use of Third-Party Service Providers (“TPSPs”) and providing strategies to address these risks.

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