From: WSJ/Private Equity Beat
By Shasha Dai
Alleged cyberespionage and data breaches at major retailers seem to suggest that no business is immune to virtual threats.
For private equity firms, these lingering threats are not just endangering their financial interests and reputations, they are also prompting increased regulatory scrutiny.
The Securities and Exchange Commission and the Financial Industry Regulatory Authority have both moved recently to conduct so-called cyber exams of broker-dealers and investment advisers.
Leave a Reply