Maria T. Vullo, former superintendent of New York’s banking and insurance regulator, the New York Department of Financial Services, was responsible for drafting and implementing the state’s groundbreaking cybersecurity compliance regulation. The rule requires financial institutions to have cybersecurity compliance programs in place—with far-reaching implications for banks and institutions around the world.
Because there is no federal cybersecurity regime, states like New York have set the benchmark for banks’ compliance efforts.
Vullo weighs in on current federal efforts to strengthen the Gramm-Leach-Bliley regulatory scheme and has some advice for financial institutions and their counsel in an era of large-scale data breaches.
Law X.0 is a podcast focused on the leading edge of law and the legal industry. Stay tuned for more emerging legal topics.
Hosts: Dori Goldstein and Meg McEvoy
Guest: Maria T. Vullo, CEO of Vullo Advisory Services
Producers: RJ Jewell and Nicholas Anzalotta-Kynoch