NEW: @GovKathyHochul announced charges against 16 individuals following investigations by DFS and @NYSPolice into auto insurance fraud. DFS continues to combat crime, protect drivers, and strengthen the integrity of New York’s insurance market. More: dfs.ny.gov/reports_and_publi…

As DFS marks 15 years, we’re spotlighting the people who shape DFS — sharing their pride in public service, what makes our work meaningful, and their hopes for the future. While our work will evolve over the next 15 years, our mission will always be driven forward by our people.

At TDC's Convergence Forum, Acting Superintendent Asrow discussed regulation in the evolving virtual currency landscape. DFS continues to build on over a decade of nation-leading digital asset oversight to protect consumers, and create strong, innovative markets.

Our Consumer Protection and Financial Enforcement team (CPFED) works to protect New Yorkers from harm, strengthen oversight, and hold bad actors accountable across the industry. Opportunities include Senior Deputy Superintendent for CPFED and more!

At Trace DC, DFS Director of Financial Crimes in Virtual Currency discussed modern oversight in a quickly moving digital market. From nation-leading virtual currency and stablecoin frameworks to combating illicit activity, DFS is strengthening markets and protecting consumers.

This morning, Acting Superintendent Asrow joined @FTIConsulting for a discussion on the future of financial regulation. She highlighted DFS’s leadership in digital asset oversight to support responsible innovation, enforce consumer protection, and create competitive markets.

Joined by @fintechassoc CEO @PennyLeeDC, DFS took part in a discussion focused on the financial services landscape to kick off #NYFinTechWeek 2026. She highlighted how DFS is advancing responsible regulation to protect consumers and support responsible growth.

Today, DFS spoke at @InsuranceCrime and @_NYACT's fraud seminar — highlighting modernization efforts and the importance of partnerships in combating fraud. This work comes as DFS advances @GovKathyHochul's agenda to protect consumers and lower auto insurance costs in New York.

Today, Acting Superintendent Asrow announced a new Banking Development District in Butternut Valley, ensuring the community maintains reliable access to affordable financial services. For more information: dfs.ny.gov/reports_and_publi…

Today, DFS issued a cybersecurity advisory highlighting ongoing targeted vishing attacks with threat actors posing as IT help desk staff in calls to personnel to steal login credentials and gain unauthorized access to information systems. Advisory: dfs.ny.gov/industry-guidance…

Coming soon: DFS ID and updates to DFS Connect. New tools designed to streamline access, improve efficiency, and modernize how regulated entities interact with DFS, reflecting efforts to strengthen regulatory infrastructure. Updates will be posted to dfs.ny.gov/DFSID

Today, Acting Superintendent Asrow appreciated the opportunity to speak with the @NYSenate Banks Committee to highlight @GovKathyHochul’s affordability agenda, including efforts across financial services to bring down costs for New Yorkers.

Today, Acting Superintendent Asrow and the DFS team joined @MetLife for the 2025 supervisory college. DFS underscored the importance of collaboration to assess emerging risks, advance responsible innovation, and support resilient insurance markets that protect policyholders.

At @TCHtweet’s Annual Conference, Acting Superintendent Asrow joined @Circle's Corey Then, @PNCBank's Ursula Pfeil, and moderator David Portilla for a thoughtful discussion on stablecoins, the GENIUS Act, and regulatory implications as the new payments framework emerges.

DFS was proud to join the 2025 NYS DREAM Symposium, hosted by @GovKathyHochul’s Office of the Chief Disability Officer. The Department is committed to inclusion, opportunity, and hiring professionals who want to make a difference for all. Apply today at dfs.ny.gov/careers.

On November 1, DFS will complete the rollout of its nation-leading Part 500 Cybersecurity Regulation amendments including requirements: → Enhancing MFA → Implementing asset management policies and procedures Details: dfs.ny.gov/cyber

DFS is modernizing its enforcement. Starting 9/26, entities subject to an enforcement action may request DFS evaluate obligations imposed through a consent order and issue a notice of satisfaction — bringing more transparency to the process. More at: dfs.ny.gov/industry_guidance…

Today, Team DFS joined New Yorkers in kicking off the first of 13 days at the Great @NYSFair! Stop by the Department’s booth in the Center of Progress to learn how DFS is working to make New York’s financial and health care systems more equitable for all.

Today, DFS joined @InsFedNY and Hope Ignites scholars for the annual interactive "Shark Tank" workshop. Always a highlight of the summer, the workshop brings together students and professionals to tackle real-world risk management scenarios and explore careers in insurance.