Tag: CyberSecurity vulnerabilities

May 8, 2015 David Gemma

Mitigating CyberSecurity Risks & Threats

The SEC’s Division of Investment Management released a CyberSecurity Guidance Update for April 2015 for Investment Funds and RIAs to help address and mitigate CyberSecurity risks and threats.

They are clear in stating “…that is it not possible for a fund or adviser to anticipate and prevent every cyber attack. Appropriate planning to address cybersecurity and a rapid response capability may, nevertheless, assist funds and advisers in mitigating the impact of any such attacks and any related effects on fund investors and advisory clients, as well as complying with the federal securities laws.” (more…)