This week, the SEC's Office of Compliance Inspections and Examinations (less frighteningly, the "OCIE") put out its report on Cybersecurity and Resiliency Observations.
Before you take a nap, stick with me for 30 more seconds to get the goods.
OCIE has highlighted information security as a key risk for security market participants, and has included it as a key element in its examination program over the past eight years.
In the report, the OCIE highlights industry best practices for cyber risk management, including:
Let's take a quick view into the elements of a compliant Training and Awareness program:
As risks and regulations increase, financial institutions are turning to INFIMA's fully automated Cyber Security Training to keep their teams safe.
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See OCIE's full publication here.
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