United States:
SEC FY 2019 Budget Requests Funds For Additional Cybersecurity Staff, Security Improvements
12 March 2018
by
Daniel J. McLoon
,
Mauricio Paez
,
Richard Johnson
,
Jonathon Little
,
Todd McClelland
,
Jeff Rabkin
,
Lisa M. Ropple
,
Adam Salter
,
Michiru Takahashi
,
Undine Von Diemar
,
Olivier Haas
,
Jörg Hladjk
and
Anand Varadarajan
Jones Day
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On February 12, the SEC released its proposed FY 2019 budget. The SEC
requested funds for four additional staff positions, all focused on
cybersecurity, with particular focus on "incident management
and response, advanced threat intelligence monitoring, and enhanced
database and system security." The proposal stated that
cybersecurity is going to be one of the SEC's top priorities in
FY 2019 and that the request will enable the SEC to support
increased investment in tools, technologies, and services,
including moving the SEC from legacy IT systems to modern platforms
with improved security features.
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.
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