Financial Services IT Compliance
Stay continuously compliant with NY DFS, GLBA, and FINRA — without the cost and complexity of building an in-house compliance program.
A Compliance Landscape That Never Stops Evolving
Financial institutions operate in one of the most heavily regulated industries in the world, and the regulations keep getting stricter. Banks, insurers, investment firms, broker-dealers, and financial service providers face overlapping mandates from state and federal regulators, each with its own requirements, timelines, and enforcement teeth.
The challenge isn't just understanding the rules. It's implementing and maintaining the technical controls that the rules require, producing the evidence that proves you're doing it, and doing all of that continuously. Most financial firms can't keep up without either a large internal compliance team or a managed service that runs the program for them.
Espresso Labs is that managed service, purpose-built to enforce financial compliance controls around the clock at a fraction of what traditional approaches cost.
The Frameworks We Cover
NY DFS Cybersecurity Regulation (23 NYCRR 500)
New York's cybersecurity regulation applies to banks, insurers, and financial services companies licensed in New York. It requires a written cybersecurity program, annual risk assessments, MFA enforcement, encryption, access controls, audit logging, incident response, and an annual certification from a senior officer.
Enforced by the New York Department of Financial Services. Significant penalties for non-compliance and failure to certify.
GLBA Safeguards Rule
The Gramm-Leach-Bliley Act's Safeguards Rule, enforced by the FTC, requires financial institutions to develop, implement, and maintain a comprehensive information security program. The 2023 amendments added specific technical requirements: encryption, MFA, penetration testing, access controls, and a qualified individual overseeing the program.
Applies to banks, mortgage companies, accountants, financial advisors, insurance companies, and other financial institutions.
FINRA Cybersecurity Requirements
FINRA's cybersecurity guidance and examination priorities require broker-dealers and investment firms to implement technical controls, governance frameworks, and operational security programs. FINRA exams increasingly focus on cybersecurity controls, vendor management, incident response, and the security of customer data.
FINRA examiners expect documented controls, tested incident response plans, and evidence of ongoing security operations.
What Espresso Labs Enforces for You
Multi-Factor Authentication
MFA enforced across all users and systems, required by NY DFS, GLBA, and FINRA guidance.
Encryption
Data encrypted at rest and in transit across all devices and systems, continuously monitored for gaps.
Access Controls & Least Privilege
Role-based access enforced so employees only access what they need. All access changes are logged.
Audit Logging & Monitoring
Comprehensive audit logs retained and monitored 24/7. Anomalies are investigated and escalated automatically.
Incident Response
Documented, tested IR plan with 72-hour notification capabilities as required by NY DFS.
Penetration Testing & Vulnerability Mgmt
Annual pen tests plus continuous vulnerability scanning and prioritized patching.
EDR (Endpoint Detection & Response)
Continuous endpoint monitoring with automated threat detection and response across all devices.
Cloud Monitoring
Real-time visibility into cloud environments to detect misconfigurations, unauthorized access, and anomalous activity.
Annual Certification Support
We maintain the documentation and evidence needed for NY DFS annual certifications and FINRA exams.
Compliant Faster. Continuously.
Financial institutions using Espresso Labs get compliant faster, stay continuously audit-ready, and spend a fraction of what traditional programs cost.
3
Frameworks covered in a single managed service: NY DFS, GLBA, and FINRA
24/7
Continuous monitoring, enforcement, and incident response that never sleeps
80%
Lower cost than staffing an internal compliance team or using traditional consultants
Get Compliant Faster, at a Fraction of the Cost
Espresso Labs enforces the controls, maintains the documentation, and keeps your organization audit-ready around the clock.
Talk to our team