New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter XIX - Privacy Of Consumer Financial and health Information
Part 421 - Standards For Safeguarding Customer Information
Development and Implementation of Information Security Program
Section 421.5 - Assess risk

(a) identifies reasonably foreseeable internal or external threats that could result in unauthorized disclosure, misuse, alteration, or destruction of customer information or customer information systems;

(b) assesses the likelihood and potential damage of these threats, taking into consideration the sensitivity of customer information; and

(c) assesses the sufficiency of policies, procedures, customer information systems, and other arrangements in place to control risks.