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By Securities Docket on May 24, 2019, 8:55 am
Get caught up with the Cybersecurity Docket News Wire for May 23, 2019.
By Securities Docket on May 24, 2019, 7:48 am
New York’s financial regulatory agency has created a first-in-the-nation cybersecurity division to place special focus on protecting the state’s consumers and industries from digital threats, the regulator announced on Wednesday. Acting Superintendent Linda Lacewell of the state Department of Financial Services said the division is the first of its kind to be established by a […]
By Securities Docket on May 24, 2019, 7:45 am
Moody’s has just slashed its rating outlook on Equifax, the first time cybersecurity issues have been cited as the reason for a downgrade. Moody’s lowered Equifax’s outlook from stable to negative on Wednesday, as the credit monitoring company continues to suffer from the massive 2017 breach of consumer data. via Moody’s downgrades Equifax outlook to […]
By Securities Docket on May 24, 2019, 7:44 am
Today, New York’s top financial regulator, the Department of Financial Services, announced the formation of a dedicated “Cybersecurity Division.” In a news release issued earlier today, the agency said the new division “will focus on protecting consumers and industries from cyber threats ….” *** The new unit will be headed by Justin Herring, the former Chief of […]
By Securities Docket on May 24, 2019, 7:42 am
In March 2019 the SEC Office of Compliance, Inspections and Examinations (OCIE) announced it would soon commence its annual “Cybersecurity Sweep” (Cyber Sweep) of registered investment advisers and broker-dealers. If these entities were not already focused on cybersecurity, OCIE’s announcement should assure registrants that cybersecurity is not a single frame of a movie, but a […]