Cybersecurity

Washington takes cybersecurity seriously, so managers should take it seriously, too, experts say

Amended Reg S-P would require the customer notice of a breach that would have to be “in writing,” either on paper or electronically

"Under these amendments, covered firms will be required to notify customers of breaches that might put their personal data at risk"

SRO warns of fraudulent e-mails purporting to be from FINRA and using e-mail addresses designed to look like they are those of FINRA execs

Financial services will continue to be hit with the symptoms of the cyber threat, including ransomware, account takeovers, identity theft, and data breaches

The last two years have seen the SEC adopt rules providing investors with disclosures on emerging risks like climate control, cybersecurity and SPACs

'Our primary goal is to provide relief'

Commission 'takes its cybersecurity obligations seriously,' Gensler claims

"The SEC takes its cybersecurity obligations seriously. Commission staff are still assessing the impacts of this incident .... The staff also will continue to assess ...

"Effective practices" highlighted for incident preparation and response, the reporting of cyber incidents, and available resources and contact information