top of page
  • Deborah

Published on February 9 by the Securities and Exchange Commission (SEC) the Proposed rule will require registered investment companies and funds as well as registered investment advisers to implement written policies and procedures to address their cybersecurity risks.

The policies and procedures should covers areas such as:

  • User security and access to prevent unauthorised access to information and systems

  • Information protection to prevent unauthorised access and use through periodic assessment

  • Threat and vulnerability management to detect, mitigate, and remediate cybersecurity threats and vulnerabilities with respect to adviser or fund information and systems.

  • Cybersecurity incident response and recovery to detect, respond to, and recover from a cybersecurity incident

The Proposed rule also includes amendments to the requirements relating to recordkeeping, the reporting of incidents to the SEC as well as to the disclosure of cybersecurity risks and incidents to clients and investors.



Recent Posts

See All

Information, Communication Technology (ICT) systems, generally includes all hardware, software, applications and systems that combined enable people and organizations to communicate digitally. ICT enc

25 January 2023 - Comments requested on Financial Conduct Authority (FCA) proposed Sustainability Disclosure Requirements (SDR) and investment labels. 6 February 2023 - Comment period closes for the u

Last November, 2022 the Bank for International Settlements (BIS) and the International Organization of Securities Commissions (IOSCO) published their Level 3 assessment of cyber resilience on 37 Finan

bottom of page