Monthly Archives: January 2018

23 NYCRR 500 Cybersecurity Requirements for Financial Services Companies

23 NYCRR 500 Cybersecurity Requirements for Financial Services Companies

15 Elements of the 23 NYCRR 500 Cybersecurity Regulation from NY DFS   As the first February reporting deadline approaches, here are 15 elements to consider for the most recent cybersecurity regulation by the New York State Department of Financial Services: Written Policies – Everything from information security, data governance, asset inventory, access controls, business continuity, and third-party vendor cybersecurity…

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IT Deployments for Small and Medium Sized Businesses

IT Deployments for Small and Medium Sized Businesses

As companies attempt to create technological platforms or to mechanize operations, the dominant theme across the board seems to be the lack of understanding of the evolution in IT resources and the dramatic cost reductions it offers to enterprises looking to create or manage their IT departments. One possible explanation for this is the chasm that exists between management (business…

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Puerto Rico Expedited Tax Exempt Application

Puerto Rico Expedited Tax Exempt Application

Puerto Rico Treasury Department has issued announcement 18-08 establishing the procedures for applying to receive state tax exempt status for non-profit organizations. Under these dispositions, entities seeking tax exempt status may submit their requests through an expedited process that could grant them status as early as 60 days from the completion of the application status. Entities seeking this expedited process…

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