Posts Categorized: Cybersecurity

The Office of Compliance Inspections and Examinations (OCIE) of the Securities and Exchange Commission (SEC) recently reiterated its plans to evaluate the cybersecurity practices of Registered Investment Advisors (RIAs) as part of its National Exam Program (NEP). Specifically, the OCIE will be reviewing the safeguards, policies, and procedures that advisors have in place to fend off cybersecurity attacks and respond appropriately if an incident occurs. To guard against attacks and avoid OCIE penalties, firms should take steps now to review and enhance their cybersecurity posture

The Office of Compliance Inspections and Examinations (OCIE) of the SEC has recently reiterated guidance that they plan to evaluate the cybersecurity practices of Registered Investment Advisors (RIAs) as part of their National Exam Program (NEP). The OCIE will be evaluating advisers in regards to their ability to fend off cybersecurity attacks and respond appropriately if an incident occurs. To guard against attacks and avoid OCIE penalties, firms should take steps now to review and enhance their current cybersecurity posture