SEC, FINRA want to know your Cyber Security Plans

Cyber/Data Security continues to be a major focus from all regulators including the SEC and FINRA.   Basic components to coverage include Information Governance, ongoing education and testing along with a full incident response and notification plan.  Failure to have such plans in place will continue to likely lead to "examples being made" upon the event of a breach.  As regulators zero in on cybersecurity, they are expecting brokers and advisors to do the same.  MORE