The New York Department of Financial Services Cybersecurity Requirements for Financial Services Companies went into effect nearly a year ago on March 1, 2017.  February 15, 2018, marked the first major milestone as the deadline for submitting the first certifications under the Rule. During this time, we’ve also seen individual states implement financial services cybersecurity regulations, including Colorado and Vermont.  […]

In the wake of headline-grabbing hacks like Equifax, experts weigh in on how advisors can step-up their protection. Despite headlines all month showing the scope of compromised personal information in attacks on Equifax, Yahoo and the SEC, many advisors still aren’t taking cybersecurity seriously. An examination of more than 1,200 investment advisors by the North […]

When it rains, it pours. Shortly after the Securities and Exchange Commission (SEC) was the subject of a Government Accountability Office report stating that it must do more to protect its computer systems from cyber-attacks, the regulator announced that its EDGAR network suffered a security breach last year. The SEC originally didn’t believe that anyone’s […]