Attorneys around the country are already fielding calls from clients about New York’s recently proposed cybersecurity regulations for financial institutions and insurers, which, if enacted, could have both immediate and long-term implications far beyond the state’s borders.

Scott T. Lyon, a technology, cybersecurity and data privacy attorney in Sedgwick’s Irvine, California, office, said the proposed regulations are of keen interest to financial services and insurance-related companies throughout the United States, whether or not they do business in New York.

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