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The New York State Department of Financial Services (NYDFS) Cybersecurity Requirements establishes for the first time not just the need but also the obligation to to take a risk-based approach to protecting firms’ most valuable assets – their customer data.

This whitepaper demonstrates how taking a data-driven approach to finding and creating an inventory of PI and PLL residing anywhere in an enterprise is is a crtitcal part of meeting the NYDFS requirement for protecting non-public consumer information.