Bankers, Mortgage Brokers Question Cybersecurity Rules
Albany Times-Union (N.Y.), Dec. 19, 2016–Karlin, Rick
While stressing the need for security, James Bopp, legislative committee chairman for the New York Mortgage Bankers Association and others had concerns about an expansive set of rules proposed by the state Department of Financial Services that would require banks, insurance companies and others regulated by the department to establish cybersecurity programs that would protect against breaches and notify consumers if their accounts are hacked.
