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Companies of all sizes can now build, manage and report NYDFS 500 with instinctual tools and guidance that remove the complexities of 23 NYCRR PART 500 compliance.
ATLANTA – November 9, 2018, Apptega, the global cybersecurity management software company, today announced the NYDFS 500 framework is now available in the Apptega platform. IT teams, CIOs, and other compliance professionals have been challenged to explicate and implement over 36 pages of complicated NYDFS 500 regulations into an actionable program to meet NYDFS 500 mandates. The NYDFS 500 Cybersecurity Regulation applies to all organizations that operate under a DFS regulation of license, registration, or permit. Building, managing and reporting NYDFS 500 has been difficult for companies – and it is usually done manually by combining dozens of Excel spreadsheets and Word documents that may take months to assemble and understand. Reporting is further complicated by the amount of NYDFS 500 data organizations are collecting and tracking which includes 45 requirements. Apptega’s management software and one-click reporting lets organizations instantly report their NYDFS 500 program for audits, customer requests, and compliance.
“Companies regulated under the Department of Financial Services, including private bankers, insurance companies, and many others, are challenged to quickly build, manage and report NYDFS 500 for audits, customer requests, and board meetings,” said Armistead Whitney, CEO of Apptega. “Apptega organizes the entire NYDFS 500 lifecycle with easy-to-use tools, guidance and reporting. This makes the entire process 50x more efficient for thousands of companies frustrated using one-dimensional Excel spreadsheets. Apptega will be recognized as the new standard for automating NYDFS 500 management.”
Apptega’s NYDFS 500 framework joins the platform’s other core frameworks including GDPR, SOC2, NIST, HIPAA, PCI, ISO, as well as others and is supported by a team of certified NYDFS 500 experts.
Apptega is committed to making cybersecurity easier and more accessible for everyone. By using technology to unify, track and report cybersecurity processes, we help organizations of all sizes stay protected and compliant. Apptega was founded in early 2017 by American entrepreneur Armistead Whitney and is headquartered in Atlanta. For more information, visit apptega.com.