ARTICLE
24 December 2015

SEC To Target Investment Advisers For Poor Cybersecurity

KL
Herbert Smith Freehills Kramer LLP

Contributor

Herbert Smith Freehills Kramer is a world-leading global law firm, where our ambition is to help you achieve your goals. Exceptional client service and the pursuit of excellence are at our core. We invest in and care about our client relationships, which is why so many are longstanding. We enjoy breaking new ground, as we have for over 170 years. As a fully integrated transatlantic and transpacific firm, we are where you need us to be. Our footprint is extensive and committed across the world’s largest markets, key financial centres and major growth hubs. At our best tackling complexity and navigating change, we work alongside you on demanding litigation, exacting regulatory work and complex public and private market transactions. We are recognised as leading in these areas. We are immersed in the sectors and challenges that impact you. We are recognised as standing apart in energy, infrastructure and resources. And we’re focused on areas of growth that affect every business across the world.
The SEC plans to bring more cases against investment advisers who do not have policies to prevent hacking, specifically in cyber-related cases that focus on regulatory obligations...
United States Finance and Banking

The SEC plans to bring more cases against investment advisers who do not have policies to prevent hacking, specifically in cyber-related cases that focus on regulatory obligations to keep customers' information private. The SEC is one of many U.S regulators that have ramped up scrutiny of cyber security over the past few years in the wake of high-profile attacks against public companies like Target and Home Depot, in addition to banks such as JPMorgan Chase.

Link To Article

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More