October 30, 2024

AI at the gate: NYDFS issues guidance on addressing new AI-driven cybersecurity risks under existing cybersecurity requirements

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On October 16, 2024, the New York State Department of Financial Services (DFS) issued an industry letter providing guidance on how DFS-regulated entities (covered entities) should be evaluating and responding to artificial intelligence (AI)-driven cybersecurity risks.
In the letter, DFS enumerates several AI-driven cybersecurity risks, based both on the use of AI by threat actors and on a covered entity’s own use of AI.

https://www.eversheds-sutherland.com/en/united-states/insights/ai-at-the-gate

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