Creating comprehensive Information Security Programs that meet NYDFS 23 NYCRR 500 requirements is time-intensive and complex. Financial services firms spend dozens of hours coordinating between legal, compliance, and IT teams to draft policies, risk assessments, incident response plans, and annual certifications—all while ensuring every regulatory requirement is addressed.
Financial institutions face mounting pressure to comply with New York's stringent 23 NYCRR 500 cybersecurity regulation, requiring comprehensive Information Security Programs that satisfy detailed regulatory requirements. Manually drafting these programs typically requires 40+ hours of attorney time, extensive regulatory research, and coordination across legal, compliance, and technology teams. The complexity of integrating governance structures, technical controls, risk assessments, and incident response procedures into a cohesive, examination-ready document creates significant compliance risk and resource strain.
CaseMark automates the creation of comprehensive, NYDFS-compliant Information Security Programs tailored to your organization's specific structure and risk profile. By analyzing your uploaded documents and applying deep regulatory knowledge, the platform generates complete programs covering all required elements—from CISO designation and risk assessment frameworks to encryption standards and incident response procedures. What traditionally takes weeks of manual drafting is completed in minutes, with built-in compliance validation and ready-for-Board-approval formatting.
This workflow is applicable across multiple practice areas and use cases
Cybersecurity compliance documentation is directly applicable to data privacy practices, as information security programs are foundational to GDPR, CCPA, and other privacy regulations requiring technical and organizational measures.
The workflow's core outputs (risk assessment, encryption, access controls, incident response) are essential components of any comprehensive data privacy compliance program, making it highly transferable to privacy-focused practices.
Healthcare entities subject to HIPAA Security Rule require similar information security programs covering risk assessments, access controls, encryption, and incident response procedures for protected health information.
The NYDFS cybersecurity framework closely parallels HIPAA Security Rule requirements, making this workflow adaptable for healthcare compliance officers and attorneys advising covered entities and business associates.
M&A due diligence for financial services targets requires comprehensive cybersecurity program review, and this workflow provides standardized documentation for evaluating target company compliance and identifying regulatory risks.
Acquirers of NYDFS-regulated entities need to assess cybersecurity compliance as part of regulatory due diligence, and this workflow's structured outputs facilitate risk identification and post-merger integration planning.
Board oversight of cybersecurity risk is a critical governance function, and this workflow generates the CISO designation, policy frameworks, and annual certifications that boards need to fulfill their fiduciary duties.
Corporate governance attorneys advising boards of financial institutions need to ensure proper cybersecurity oversight structures, and this workflow provides the governance documentation and certification processes required for board-level compliance.
The NYDFS Cybersecurity Regulation (23 NYCRR 500) is a comprehensive cybersecurity framework that applies to all covered entities operating under or required to be licensed by the New York Department of Financial Services. This includes banks, insurance companies, mortgage companies, and other financial services institutions. The regulation requires covered entities to establish and maintain cybersecurity programs designed to protect consumer data and ensure the safety and soundness of New York's financial services industry.
CaseMark's platform is built on a comprehensive compliance framework that maps every element of the generated program to specific requirements in 23 NYCRR 500. The system incorporates the latest regulatory guidance, enforcement actions, and industry best practices to ensure complete coverage of governance structures, risk assessment frameworks, technical controls, incident response procedures, and annual certification requirements. Each generated program includes detailed provisions addressing CISO designation, written policies, access controls, encryption, monitoring, vendor management, and all other mandated elements.
Yes, CaseMark tailors each Information Security Program to your organization's unique characteristics. By analyzing your uploaded documents—including organizational charts, technology inventories, existing policies, and risk assessments—the platform generates customized provisions that reflect your actual governance structure, technology environment, and risk profile. The program appropriately scales requirements based on your organization's size, complexity, and the nature of your operations, ensuring practical implementation while maintaining full regulatory compliance.
The generated Information Security Program includes a comprehensive annual certification framework that establishes the review process, evidence-gathering procedures, compliance validation methodology, and governance approval workflow needed to support the required February 15th certification. The program provides detailed guidance on documenting compliance with each regulatory requirement, conducting independent reviews, addressing identified gaps, and maintaining examination-ready evidence. This built-in certification framework significantly streamlines the annual compliance validation process and reduces the risk of certification delays or deficiencies.
CaseMark intelligently incorporates your existing cybersecurity policies, procedures, and governance documents into the comprehensive NYDFS-compliant program. The platform analyzes uploaded materials to identify existing controls and frameworks, integrates compliant elements, identifies gaps against regulatory requirements, and generates supplemental provisions to ensure complete coverage. This approach preserves your organization's existing security investments and institutional knowledge while ensuring the final program meets all NYDFS requirements and presents a cohesive, examination-ready framework.