Benjamin Lawsky news and trends

Lawsky’s Last Bitcoin Licensing Play
News // May 25, 2015

New York is on the verge of getting new licensing rules governing commercial use of virtual currencies including bitcoin. As Benjamin M. Lawsky steps down next month as head of the New York State Department of Financial Services (NYDFS), he will unveil a set of...

NY Bank Regulator Alerts Bank Of Breach
News // March 09, 2015

New York’s top banking regulator, Benjamin Lawsky, has taken the unusual step of issuing an alert after a laptop containing bank customer data was stolen from a banker’s car in January. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

NY Regulators Target Money Laundering
Mobile // February 26, 2015

New York bank regulators are considering massive programs to audit large banks’ cybersecurity and anti-money-laundering (AML) systems, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

New York Top Regulator Cracking Down On Cyber Security
News // December 10, 2014

Banks must—legally—view cyber security as a key part of risk management, said New York’s top banking regulator, according to a copy of a letter he sent to banks that have a New York state charter or license, the Financial Times is reporting. Get the Full...

Quick Reads
Lawsky Pressures Banks To Adopt Multifactor Authentication

June 03, 2016
“We live in a world where each day we are surprised by something new when it comes to the sophistication and the capabilities of hackers,” Benjamin Lawsky, banking and cybersecurity expert, told CNBC on Wednesday (June 1) during an interview for its “Power Lunch” program. Get the Full Story Complete the form to unlock this […]

Lawsky’s Last Bitcoin Licensing Play

May 25, 2015
New York is on the verge of getting new licensing rules governing commercial use of virtual currencies including bitcoin. As Benjamin M. Lawsky steps down next month as head of...

NY Bank Regulator Alerts Bank Of Breach

March 09, 2015
New York’s top banking regulator, Benjamin Lawsky, has taken the unusual step of issuing an alert after a laptop containing bank customer data was stolen from a banker’s car in...

NY Regulators Target Money Laundering

February 26, 2015
New York bank regulators are considering massive programs to audit large banks’ cybersecurity and anti-money-laundering (AML) systems, The Wall Street Journal reported. Get the Full Story Complete the form to...