The SEC's cyber security rules are coming in April 2023

By now everyone should understand the SEC is proposing rule 206(4)-9 under the Advisers Act and 38a-2 under the Investment…
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FINRA highlights cyber security as one of the top risks facing the financial industry

FINRA recently released their “2023 Risk Profile” report, highlighting cyber security as one of the major threats confronting the financial…
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Upcoming cyber regulations - what can you do to prepare?

On 4 January 2023, the current administration released its Fall 2022 regulatory agenda. In this document they outlined the upcoming…
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Cyber Risk in the Middle East – How secure is your firm and its ecosystem?

Cyber-attacks are the unauthorised exploitation of systems, networks and technologies and they have been a high-risk item on companies' agendas…
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Cybersecurity Awareness Month – a focus for asset managers

Cybersecurity Awareness Month occurs each October and is a collaboration between government and private industry, designed to promote the importance…
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eComms compliance – the SEC continues its scrutiny and issues substantial fines

In September 2021, the SEC began its focus on how banks were monitoring, archiving and safeguarding business-related eComms being undertaken…
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What role should NEDs play in cybersecurity?

Waystone Compliance Solutions’ Chief Information Security Officer, Conor Flynn, was recently featured in an Assured article where he provided insight…
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Building your cyber security foundation

At Waystone Cyber Security Solutions we believe that as you grow your firm it should be built on a strong…
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SEC Fines Firm $35 Million for Failure to Protect Client Data

On September 20, 2022, the U.S. Securities and Exchange Commission (“SEC”) fined Morgan Stanley Smith Barney for their purported failure…
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Securing sensitive employee data – recommended HR policies and procedures

The onboarding and offboarding of employees is not a subject that we often think about in terms of information security.…
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Cyber Security Solutions for the US Investment Advisers

SEC Focus on Cyber Security and Operational Resilience. The US Securities and Exchange Commission (“SEC”) has increased its focus on…
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SEC proposes cyber security risk management rules and amendments for registered investment advisers and funds

On February 9th, the SEC voted to propose rules related to cybersecurity risk management for registered investment advisers, and registered…
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