Heavy Financial Penalties: Fines can reach $1,000 per violation per day, and recent industry settlements have exceeded $2 million.
Regulatory Scrutiny: Once you are flagged, your agency will be under a microscope, requiring exhaustive documentation and frequent mandatory audits.
Operational Bans: In severe cases, you could lose your license or your ability to operate in New York State.
Reputational Damage: A public consent order from the NYDFS tells your clients and partners that their sensitive data isn't safe with you.
Compliance is no longer a "check the box" activity. You must document every cybersecurity effort and provide concrete proof of compliance to avoid these outcomes.
Get a clear, expert-led view of your cybersecurity and compliance posture. Motiva’s cybersecurity risk assessment identifies gaps across security controls, policies, and regulatory alignment, so agencies know exactly where they stand and what to fix first.
What’s included: