Meeting the Cybersecurity Challenge
The SEC has released a Cybersecurity Initiative that includes a seven-page document request list that will serve as the basis of its upcoming cybersecurity sweep examinations of investment advisers and broker-dealers. The widespread release of this list clearly signals the SEC’s desire to have all registered firms develop and implement cybersecurity programs tailored to meet each firm’s own business model.
This seminar is designed to help you understand what the SEC is asking you to do and to give you the tools to effectively design and implement your firm’s cybersecurity program. Topics to be discussed include:
- Developing a cybersecurity risk assessment
- Using personal devices for business purposes
- Pros and cons of cloud computing
- Identity theft and Reg S-ID
- Due diligence of third-party vendors
- Special concerns when outsourcing IT
- Written policies and procedures
- Integrating cybersecurity into your annual review
- Resources for determining best practices
- What to do when a security breach occurs
- Employee training
- Insurance coverage
After completing this course attendees should be able to:
- Conduct a cybersecurity risk assessment to help identify and manage related risks
- Establish a protocol for documenting the firm’s cybersecurity preparedness in written policies and procedures
- Assess the role of technology in both the problems and solutions related to the firm’s cybersecurity
- Determine which federal and state regulations apply to your firm
- Help your firm gauge its cybersecurity preparedness and implement an appropriate program
For Whom: Designed to increase the professional competence of investment adviser and broker-dealer professionals with legal, compliance, operations, technology and management responsibilities.
Suggested Skill Level: Intermediate
Instructional Method: Group Internet-Based
Prerequisites for Participation: No prerequisites are required.
Advance Preparation: None.
Continuing Education Credits:
NRS Continuing Education Guide
Recommended CPE Credit: 2 in the Regulatory Ethics field of study
Recommended IACCP® CE Credit: 2
Recommended CA MCLE Credit: 2
Recommended CFP Credit: Pending