Cybersecurity Enforcement Has Begun, Expert Warns

Nobody who has been closely following this important data security issue can be surprised by the following : While there hasn’t been much cyber enforcement activity, ‘we’ll see more as we go on,’ says FINRA enforcement exec.  Advisory firms and broker-dealers “must have reasonable [cybersecurity] safeguards in place,” noted Julie Riewe, co-chief of the SEC’s Asset Management Unit, which is housed in the agency’s Division of Enforcement. MORE