SL05 - Cybersecurity: Regulation and Enforcement in the Battle of Attacks on Investor and Firm Information

Date/Time: 
10/18/2017 - 3:00pm to 10/18/2017 - 4:00pm
Room: 
Rocky Mountain CD

This segment will discuss the cyber threats to the information and computer systems of brokerage firms, including email hack attacks, insider threats, improper transfer or theft of customer assets, misuse and theft of customer data. The panel will discuss regulatory requirements of broker‐dealers to protect customer information from cybercrimes, from both internal and external threats, responding to cybercrimes and data breaches, record retention requirements under SEC regulations and FINRA rules. The discussion will also touch upon new cyber security requirements for financial firms under the new rule issued by New York’s Department of Financial Services, FINRA/SEC cybersecurity exam priorities, and FINRA/SEC enforcement cases and trends.