New Jersey’s Dept. of Banking & Insurance Regulation 22–05 Compliance
All individuals and entities regulated by the department of banking and insurance in New Jersey are required to comply with the Department of Banking & Insurance Regulation 22–05. This regulation sets out a minimum of certain requirements for financial institutions, insurance companies, and other entities that must follow.
Who Must Comply?
These verticals include, but are not limited to the following:
- Mortgage Lenders
- Insurance Companies
- Money transmitters
- Check Cashers
- Title Companies
- Consumer Finance Companies
- Travel Agencies
- Real Estate Brokers
- Investment companies
- Securities dealers
- Credit unions
- Non-profit organizations (providing financial services)
Are You Exposed to Fines from the New Jersey Banking & Insurance Department?
Want to learn more about New Jersey’s Dept. of Banking & Insurance Regulation 22–05, and its cybersecurity requirements? When you speak with one of our cyber-compliance experts you will learn:
What cyber protection you must have.
How your employees are required to help protect you and your customers’ information.
If your network and data are REALLY protected from cybercriminals, ransomware and viruses who prey on your people and expose you to significant risk and fines.
If your protections are compliant with New Jersey law.
If your company currently meets the applicable compliance requirements of the New Jersey Banking & Insurance regulation 22–05 (a regulation that you MUST comply with!).
Sign Up for More Information
At eMDTec, our team of cybersecurity experts are here to help you understand the requirements imposed by New Jersey’s Dept. of Banking & Insurance and ensure you have the protections in place that are essential for your compliance. Sign up today to learn more about how we can help.