SEC Head Concerned About “Substantial” Cybercrime And The Rise Of ICOs

From: PYMNTS

U.S. Securities and Exchange Commission Chairman Jay Clayton said on Tuesday he is concerned that investors of all sizes don’t understand the full scale and scope of risks posed by cybercriminals and cybercrime.

“I am not comfortable that the American investing public understands the substantial risks that we face systemically from cyber issues,” he said during a panel discussion at New York University. “I’d like to see better disclosure around that.”

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