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Volume 30, Issue 3

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Tuesday, 08 August 2017 15:18

Cybersecurity Compliance Gets Tougher

Another high-profile corporate hack puts cybersecurity back into the spotlight as thieves made off with 1.5 TB of data from HBO, including scripts of upcoming Game of Throne episodes.

The bad news for financial institutions is that this elevated focus on cybersecurity will make meeting their cyber-security regulatory mandates only more challenging as more jurisdictions ramp up their cyber-security requirements.

The laws are changing all the time as New York, Colorado, and Connecticut enhance their cybersecurity laws, said Chad Pinson, managing director at Stroz Friedberg during a panel discussion hosted by the US Securities and Exchange Commission and FINRA. “It is hard to keep up with what those different states require.”

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https://marketsmedia.com/cybersecurity-compliance-tougher/