SEC Requests Financial Firms’ Security Details

From: Dark Reading

SEC asks 50 businesses for copies of their security policies, procedures, and controls in an effort to help the industry bolster cybersecurity protection. 

The Securities and Exchange Commission plans to study the information security policies, procedures, and levels of preparedness of businesses in the financial services sector.

In an announcement issued earlier this month, the SEC’s Office of Compliance Inspections and Examinations (OCIE) said it would be “conducting examinations of more than 50 registered broker-dealers and registered investment advisers, focusing on areas related to cybersecurity” — government-speak for anything involving information, computers, and security.

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