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SEC details its approach to cybersecurity

  • SEC (US Securities and Exchange Commission) Image

Sep 21, 2017

SEC Chairman Jay Clayton has issued a statement on cybersecurity.

The cybersecurity statement addresses the following:

  • Collection and use of data by the Commission.
  • Management of internal cybersecurity risks.
  • Incorporation of cybersecurity considerations into the Commission’s disclosure-based and supervisory efforts.
  • Coordination with other governmental entities.
  • Enforcement of the federal securities laws.                                         

The cybersecurity statement also provides examples of intrusions at the SEC, including the recent discovery that a 2016 breach of the EDGAR filing system may have lead to illicit gain through trading.

For more information, see the press release and statements by SEC Chairman Jay Clayton and SEC Commissioner Michael Piwowar on the SEC’s Web site.

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