New York eases proposed cyber regulations after industry complaints

Another breach: Online shopping operator Interpark Corp said the hacking occurred in May. A hacker had sent emails demanding money in bitcoin virtual currency after the attack, it said.

New York state's financial regulator on Dec 28 issued a revised proposal for the nation's first cyber security rules for banks and insurers, loosening some security requirements and delaying implementation by two months to March 1. 

The rules from the New York State Department of Financial Services are being closely because they lay out unprecedented requirements on steps that financial firms must take to protect their networks and customer data from hackers and disclose cyber events to state regulators.