Don’t be a Turkey: Recipes for a Successful and (Hopefully) Cyberattack-Free Thanksgiving
Posted on Nov 23, 2015 in Uncategorized | Comments Off on Don’t be a Turkey: Recipes for a Successful and (Hopefully) Cyberattack-Free Thanksgiving
Thanksgiving is a time to give thanks for the important things in life: family, friends, health and (hopefully) not being hacked in the past year. Those firms and compliance officers who followed our Top 10 Cybersecurity Resolutions for 2015 are hopefully in good shape to continue warding off cyberattacks in the coming year. But for those who haven’t taken to heart our suggested...
The New York Department of Financial Services Releases Potential New Cybersecurity Rules
Posted on Nov 13, 2015 in Financial Services | Comments Off on The New York Department of Financial Services Releases Potential New Cybersecurity Rules
On November 9, Anthony Albanese, Acting Superintendent of the New York Department of Financial Services (NYDFS), sent a letter to the 18 members of the Financial and Banking Information Infrastructure Committee that outlines key regulatory proposals that NYDFS is considering as new regulations to increase financial sector cybersecurity defenses. The letter is written to “help spark...
The SEC’s Cybersecurity Enforcement Action: Rulemaking by Enforcement
Posted on Oct 1, 2015 in Uncategorized | Comments Off on The SEC’s Cybersecurity Enforcement Action: Rulemaking by Enforcement
The Securities and Exchange Commission recently brought an enforcement action against an investment adviser that, like a large number of companies, was the victim of a cyberattack. Although the SEC did not allege that any of the firm’s clients suffered harm, the Commission nonetheless sanctioned the firm for its allegedly unreasonable policies and procedures. In their article for...
SEC Charges Investment Adviser with Failure to Adopt Required Cybersecurity Policies Prior to Breach
Posted on Sep 25, 2015 in Uncategorized | Comments Off on SEC Charges Investment Adviser with Failure to Adopt Required Cybersecurity Policies Prior to Breach
On September 22, the Securities and Exchange Commission (SEC) announced that it had entered into a settlement order with R.T. Jones Capital Equities Management, Inc., a St. Louis-based SEC registered investment adviser, for failure to establish required cybersecurity policies and procedures in advance of a breach. As a result of the firm’s failure to adopt reasonable cybersecurity...
They’re Baaaack . . . SECs Office of Compliance Inspections and Examinations Releases New Cybersecurity Risk Alert
Posted on Sep 16, 2015 in Financial Services | Comments Off on They’re Baaaack . . . SECs Office of Compliance Inspections and Examinations Releases New Cybersecurity Risk Alert
Yesterday, the U.S. Securities and Exchange Commission (SEC) Office of Compliance Inspections and Examinations (OCIE) released a Risk Alert describing OCIE’s 2015 cybersecurity exam initiative. [link to www.sec.gov/ocie/announcement/ocie-2015-cybersecurity-examination-initiative.pdf]. As the Risk Alert notes, OCIE’s new cybersecurity initiative builds on information OCIE learned from...
Subscribe
FEATURED
Check out the BreachLawWATCH app which allows easy access to data breach statutes across the United States and a growing number of jurisdictions.
Video: As the challenges cybersecurity and data privacy present are often global
