At a recent meeting of the Treasury Department's Financial
and Banking Information Infrastructure Committee, leaders of the
SEC and the Commodity Futures Trading Commission reinforced the
belief that the SEC will begin reviewing the consumer privacy and
data protection practices at all publicly traded companies.
According to the meeting synopsis, SEC Chairwoman Mary Jo White and
CFTC Chairman Timothy Massad discussed their agencies'
strategies for ensuring cyber resiliency in the financial sector.
The SEC has recently publicly stated its concerns about
cybersecurity and financial stability and the agency and the CFTC
are expected to be more proactive about cybersecurity oversight,
risk assessment and cyber examination in the coming weeks.
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