Upping the Ante: Cybersecurity, the SEC and the Perils of Being Unprepared

Patterson Belknap Webb & Tyler LLP
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The U.S. Securities and Exchange Commission is finally getting serious about cybersecurity – and for good reason. If the ever-growing business and headline risks aren’t enough to scare investment advisers and broker-dealers into action, they now have added motivation to make cybersecurity a top priority – impending regulatory examinations and enforcement proceedings.

Originally published in Bloomberg BNA's Securities Regulation & Law Report, 47 SRLR 2241, 11/23/15.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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