3rd Party Risk Management , Governance & Risk Management

Third-Party Risk Management: NY DFS Regulation Compliance

Ted Augustinos of Locke Lord LLP Addresses the Challenges
Ted Augustinos, partner, Locke Lord LLP

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.

See Also: Keeping Your Side of the Street Clean: 5 Cyber-Hygiene Facts You Wish You Knew Earlier

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.

About the Author

Nick Holland

Nick Holland

Former Director, Banking and Payments

Holland focused on the intersection of digital banking, payments and security technologies. He has spoken at a variety of conferences and events, including Mobile World Congress, Money2020, Next Bank and SXSW, and has been quoted by The Wall Street Journal, CNN Money, MSNBC, NPR, Forbes, Fortune, BusinessWeek, Time Magazine, The Economist and the Financial Times.

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