Link to: What the SEC Cybersecurity Crackdown Means for Financial Advisers Recent SEC Enforcement Actions against eight financial firms for violations of cybersecurity safeguards is a clear signal that implementation of cybersecurity controls is paramount for protection and to avoid penalty. In discussion with Ebix, Brian Edelman, Cybersecurity Expert and FCI CEO, shared that “Broker-dealers and financial institutions have…
September 2021
Link to: CYBERSECURITY AND THE FINANCIAL PLANNING PROFESSION: KEEPING DATA SAFE AND PROTECTING YOUR CLIENTS Responding to the surge of cyberattacks on the financial sector, the CFP Board has published an article underscoring the…
In the last few posts, we discussed the NYS Department of Financial Services (“DFS”) and its enforcement efforts. Specifically, NY DFS has been going after entities for failure to report prior breaches. For example, DFS…
