Tag: broker-dealer cyber risk management
-
Understanding the SEC’s Proposed Cybersecurity Rule for Broker-Dealers and Other Entities
The U.S. Securities and Exchange Commission (SEC) has introduced a proposed rule (Release No. 34-97142) aimed at strengthening the cybersecurity framework for broker-dealers, clearing agencies, and other regulated entities. The rule addresses increasing cybersecurity risks by requiring organizations to implement formal cybersecurity risk management policies and procedures, report incidents, and disclose cybersecurity risks and incidents… Read more