NY DFS Cybersecurity Compliance
Are You Ready for the April 15th Deadline?
Even if you attested last year, updates to NY DFS 23 NYCRR 500 mean you may no longer be in compliance.
At Archway Computer, we specialize in IT and cybersecurity solutions exclusively for insurance agencies. We make compliance easy, affordable, and stress-free—so you can focus on running your agency.
The deadline is fast approaching. Don’t wait until it’s too late.
Find Out If Your Agency is NY DFS Compliant
Book a Free 10-Minute Compliance Check Today!
The New Cybersecurity Compliance Challenges for 2025
Why This Deadline Matters
NY DFS is tightening cybersecurity regulations, and agencies that fail to comply are facing increased penalties and scrutiny. Even if your agency filed last year, recent changes mean you may no longer be in compliance. Taking action now can save you from costly fines, prevent cybersecurity breaches, and ensure your agency remains in good standing.
Fines & Penalties Are Steeper Than Ever
NY DFS enforces fines up to $75,000 per day for agencies knowingly violating cybersecurity laws. Even minor non-compliance can lead to fines of $2,500–$15,000 per day—not to mention the reputational damage if a cyberattack occurs.
Even "Exempt" Agencies Must File
There are no full exemptions from NY DFS cybersecurity laws—only limited exemptions, which still require a strong cybersecurity program and annual attestation of compliance.
Even “exempt” agencies must meet key cybersecurity standards.
There are no full exemptions from NY DFS cybersecurity laws—only limited exemptions, which still require a strong cybersecurity program and annual attestation.
What’s Changed?
The Latest NY DFS Cybersecurity Amendments
The latest NY DFS cybersecurity amendments have introduced stricter security and reporting requirements.
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Expanded Multi-Factor Authentication (MFA) – Now required for all remote users, including third-party vendors.
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More Frequent Cyber Risk Assessments – Annual reviews aren’t enough—ongoing evaluations are now required.
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Incident Response Planning – Agencies must report cybersecurity incidents within 72 hours.
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Stricter Vendor Compliance – You must ensure your IT, claims, and data providers meet NY DFS security standards.
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Stronger Audit Trail & Logging – Agencies must track security risks and access logs.
If your IT provider hasn’t briefed you on these changes, it’s time for a second opinion.
FAQ
What This Means for NY Insurance Agencies
NY DFS 23 NYCRR 500 is a set of cybersecurity regulations that apply to financial services companies, including insurance agencies. The law requires agencies to have a documented cybersecurity program, risk assessments, data protection policies, and an annual attestation of compliance. Agencies that fail to comply can face severe fines and penalties.
Yes! There are no full exemptions—only limited exemptions. Even if your agency qualifies, you still need to meet certain cybersecurity requirements and attest to compliance annually.
NY DFS can impose fines of:
- $2,500 per day for standard violations
- $15,000 per day for reckless non-compliance
- Up to $75,000 per day for knowing and willful violations
Absolutely. Many general IT providers don’t fully understand NY DFS regulations or how they apply to insurance agencies. Even if your provider says you’re covered, a second opinion could save you from costly penalties.
Archway specializes exclusively in IT and cybersecurity for insurance agencies. Unlike other IT firms that serve multiple industries, we understand your agency management systems, workflows, and compliance needs better than anyone else.
In just 10 minutes, we will:
✔️ Review your agency’s cybersecurity setup
✔️ Identify compliance gaps
✔️ Provide expert recommendations to ensure full compliance before the April 15th deadline
Click the button below to book your call—it’s quick, free, and could save your agency thousands in fines.
Free Download
Find Out If Your Agency Is Compliant—Quickly & Easily
Most agencies think they’re compliant—until they realize they aren’t. To help you assess your status, we’ve created a free compliance checklist that outlines everything you need to know.
What’s Inside?
✅ A step-by-step checklist to confirm your agency’s NY DFS compliance status
✅ The latest 2024 NY DFS cybersecurity updates that agencies must follow
✅ A quick way to identify gaps in your IT security & compliance program
✅ Guidance on what to do next if you’re not fully compliant
Is Your Agency Ready for the April 15th Deadline?
Use this checklist to avoid costly fines (up to $75,000 per day!) and ensure your agency meets all NY DFS cybersecurity requirements.
Your Insurance Technology experts
Why Insurance Agencies Trust Archway Computer
With over 30 years of experience in IT and cybersecurity for insurance agencies, we understand NY DFS compliance inside and out. Our solutions are tailored to help your agency stay secure and avoid costly fines—without the hassle.
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100% Focused on Insurance IT – Unlike generic IT providers, we know the insurance industry and its regulations.
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Fast, Affordable Compliance Support – We simplify the process, ensuring compliance without stress.
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Personalized Cybersecurity Solutions – From risk assessments to incident response planning, we cover everything your agency needs.
Our Clients
Proudly Supporting Hundreds of Independent Independent Agencies Like Yours
"As a growing agency, we wanted to make sure we were staying on top of cybersecurity. Archway Computer’s audit was exactly what we needed. Brad and his team didn’t just point out weaknesses—they gave us a clear plan to fix them and prevent future issues. The whole process was smooth, and now we feel much more secure knowing our clients’ information is protected."
Jeff Bickerstaff
Agency Owner, Bickerstaff Insurance and Financial Services, LLC
"With our employees working remotely during and after COVID, we wanted to be certain our systems were secure. Archway Computer came in and did a thorough cybersecurity audit. Brad made everything easy to understand, and we now know we’re safe from potential threats. Their expertise has been a huge relief for us."
Maria Bishop-Carns
Accountant at Bishop Insurance Service
"As a New York-based agency, staying compliant with the state’s cybersecurity regulations is critical for us. Archway Computer’s cyber audit not only identified vulnerabilities in our systems but also ensured we met all the requirements of the NY Cybersecurity Regulation. Brad and his team made the process seamless, and we now feel confident that we’re both secure and fully compliant with the law."
Reed E. Jones
Service Operations, Amaden Gay Agencies
Is Your Agency Fully Compliant? Find Out in 10 Minutes.
Most agencies don’t realize they’re non-compliant until it’s too late. Let’s fix that now before the April 15th deadline.
(888) 361-9995 • info@myarchway.com