Two regulators put named executives on the hook for cyber security in this city, and the people who can carry that responsibility are in short supply. Every figure below is sourced.
NYDFS Part 500: the last deadline has passed
Every DFS-regulated bank, insurer and financial firm in New York must now run multi-factor authentication for all users and keep a full asset inventory. Class A companies also need independent audits, privileged access management and endpoint detection.
In force since 1 November 2025
Source: Hogan Lovells on the amended Part 500The date every New York CISO circles
Each year by 15 April, DFS-regulated firms file a certification of material compliance or an acknowledgment of non-compliance, signed by both the chief executive and the CISO. Since the 2023 amendment that signature is personal.
Every year; next filing 15 April 2027
Source: Cooley, NYDFS annual certificationsSEC incident disclosure for listed companies
Since 18 December 2023 a public company must file a Form 8-K within four business days of deciding a cyber incident is material, and describe its cyber governance every year in the 10-K.
In force since 18 December 2023
Source: SEC fact sheet, public company cybersecurity disclosuresUS cyber security job openings in a year
Employers posted 514,359 cyber security roles in twelve months, 57,000 more than the year before, and could fill only about three in four of them. New York is one of the largest hiring hubs.
CyberSeek release of June 2025, the latest published
Source: NIST, CyberSeek updateProjected growth in information security analyst jobs, 2025 to 2035
The Bureau of Labor Statistics projects information security analyst employment to grow 21 percent over the decade, against 3 percent for all occupations, with about 14,100 openings a year. The national median salary was $129,180 in May 2025.
2025 to 2035 projections; wage as of May 2025
Source: US Bureau of Labor Statistics, Occupational Outlook HandbookSecurities industry jobs in New York City
Wall Street employed 198,200 people in 2025, near a thirty-year high, and made $65.1 billion in profit. It is the deepest pool of security budgets and security hiring in the city.
2025 figures, published March 2026
Source: Office of the New York State Comptroller, March 2026Figures last reviewed 8 September 2026. Each card shows the period its number refers to.