United States:
SEC Advises Firms To Take Steps To Protect Against Ransomware
02 June 2017
Kramer Levin Naftalis & Frankel LLP
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In response to the global WannaCry ransomware attack, the
SEC's National Exam Program issued a risk alert emphasizing the
importance of conducting penetration tests and vulnerability scans
on critical systems, as well as implementing system upgrades on a
timely basis. Specifically, in order to protect against WannaCry,
it advises broker-dealers and investment management firms to review
the Department of Homeland Security's Computer Emergency
Readiness Team's alert on the topic, as well evaluate whether
applicable Microsoft patches for Windows XP, Windows 8 and Windows
Server 2003 operating systems have been properly and timely
installed.
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