Proposed SEC Cyber Regulations: What Investment Advisors Need to Know
Kevin Powers, Director, Cybersecurity Policy and Data Governance Program, BC | Padraic O'Reilly, Co-Founder & CPO
About this talk
The SEC has proposed new rules regarding cybersecurity risk management, cyber incident reporting, and cyber risk disclosure. The proposal addresses the commission’s growing concerns about the lack of preparedness that advisors and public funds have shown for cyber attacks. With the average cost of a data breach surpassing $8 million, financial services companies need to develop a complete compliance and mitigation strategy to adequately protect sensitive customer data, recover from data breaches, and meet the requirements of the new SEC regulations.
Join Kevin Powers, Director of Cybersecurity Policy and Data Governance Program at Boston College, and Padraic O'Reilly, Co-Founder & CPO of CyberSaint, for their takes on the new SEC cyber regulations and strategies that will help prepare investment advisors.