Daily Archives: February 4, 2015, 10:50 am

OCIE Provides Key Observations from 2014 Cybersecurity Examination Initiative | Compliance Week

In a Risk Alert published yesterday, OCIE provided summary observations from the examinations conducted under its April 2014 Cybersecurity Examination Initiative. The data from 57 registered broker-dealers and 49 registered investment advisers reveals some early findings on industry cybersecurity governance and risk management practices. via OCIE Provides Key Observations from 2014 Cybersecurity Examination Initiative | Compliance Week

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SEC Eyes and Ears Are Upon Financial Firms: OCIE Announces Examination Priorities for 2015 — Venable

The Securities and Exchange Commission (SEC) announced the 2015 examination priorities of the Office of Compliance Inspections and Examinations (OCIE) on January 13, 2015. OCIE’s 2015 priorities focus on broker-dealers, investment advisers, and transfer agents and target three areas: (1) protecting retail investors and investors saving for retirement; (2) assessing market-wide risks; and (3) utilizing data analytics to identify and…

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Brokerage Firms Worry About Breaches by Hackers, Not Terrorists – NYTimes.com

The online attack on Sony Pictures Entertainment in the fall that federal authorities linked to the North Korean government raised alarm bells about the hacking threat posed by foreign governments. But brokerage firms based in the United States remain most concerned about an attack carried out by a loose band of hackers or employees with a grudge. Brokerage Firms Worry…

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