In 2017, the SEC Division of Enforcement created its first new unit in eight years: the Cyber Unit. This team – about 40-strong, according to SEC watchers – deals with all cyber issues, including cybersecurity, computer-based market abuse and cryptocurrencies: the medium for most cyber criminals trying to extort money from corporate victims.
The false economy of cybersecurity complacency
Increased scrutiny has made cybersecurity more important than ever for fund managers, but vital steps to avoid disaster need not be costly or complex.
