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On April 15, 2013, the SEC’s Office of Compliance Inspections and Examinations quietly disclosed its examination module pertaining to cybersecurity. The disclosure came in the form of a Risk Alert which noted that OCIE will be conducting examinations of more than 50 registered broker-dealers and registered investment advisers. via SEC to Launch Cybersecurity Exams of […]
As federal agencies struggle to keep pace with the mounting threats to their far-flung digital systems, IT professionals must move away from treating security as a compliance exercise and adopt dynamic, real-time monitoring, government CIOs said in a recent panel discussion. via Federal CIOs Moving Cybersecurity Beyond Compliance – CIO.com
The U.S. Securities and Exchange Commission has failed to protect its data network against possible breaches, to encrypt highly sensitive information, or to use strong enough passwords, the Government Accountability Office said on Thursday. via SEC’s information technology at risk of hacking: report — Reuters
Michaels Stores said the breach, which took place between May 8, 2013 and January 27, 2014, may have affected about 2.6 million cards, or about 7 percent of payment cards used at its stores during the period. via Retailer Michaels Stores confirms payment card data breach — Reuters
No company is safe these days from a cyberattack. And that’s good news for the insurance business. Increasingly companies are trying to hedge costs associated with attacks on their networks by purchasing cyber insurance. Not only are more start-ups and established insurance providers getting into the cyber insurance business, but more companies including mom and […]
Get caught up with the Cybersecurity Docket News Wire for April 17, 2014.