NY DFS 23 NYCRR Part 500 Framework Now Available in Apptega

Industry: Apps & Software

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, GA (PRUnderground) November 13th, 2018

Apptega, the global cybersecurity management software company, today announced a framework in support of NY Department of Financial Services Cybersecurity Regulation (23 NYCRR 500)  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, SOC 2, NIST 800-53, NIST CSF, HIPAA, PCI, ISO27001, as well as others and is supported by a team of certified NYDFS 500 experts.

About Apptega, Inc.

Apptega delivers a comprehensive, award-winning platform helping companies of all sizes easily build, manage and report their cybersecurity and compliance programs. From assessment to audit, Apptega delivers efficiency gains across multiple cybersecurity frameworks including SOC 2, PCI, HIPAA, GDPR and CMMC. Apptega is trusted by 500+ leading brands in every industry – including financial services, healthcare, SaaS, aviation, insurance, non-profits, and Managed Security Service Providers (MSSPs). Founded in 2017, Apptega is headquartered in Atlanta, GA. For more information, visit apptega.com.

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