Third-Party Risk Management: NY DFS Regulation ComplianceTed Augustinos of Locke Lord LLP Addresses the Challenges
Defining the scope of third-party risk is challenging, says Ted Augustinos of Locke Lord LLP, who discusses compliance with the New York Department of Financial Services' cybersecurity regulation.
In a video interview at Information Security Media Group's recent Cybersecurity Summit in New York, Augustinos discusses:
- Compliance with the New York regulation's third-party risk management requirements;
- Challenges posed by the regulation;
- Regulatory requirements that are sometimes overlooked.
Augustinos is a partner of Locke Lord LLP, an international law. He serves as a member of the steering committee of the firm's privacy and cybersecurity group and leads the group's incident response team and its NY DFS cybersecurity initiative. Augustinos is also managing partner of the firm's Hartford office.