Archive: 20 August 2014

1
Developments in Cybersecurity Law Governing the Investment Industry

Developments in Cybersecurity Law Governing the Investment Industry

By: Luke T. Cadigan, Sean P. Mahoney

The Investment Lawyer, Vol.21, No. 8, August 2014
Reprinted with Permission

Regulatory focus on cybersecurity is intensifying. Unlike other compliance matters, the deterrent effect of enforcement actions following data security breaches may be insufficient to achieve regulators’ purpose of ensuring that technology platforms are secure before an event occurs. Thus, in the area of cybersecurity, regulators appear to be shunning granular, prescriptive rules and instead insisting upon more holistic management of cybersecurity risk. Read More

Copyright © 2019, K&L Gates LLP. All Rights Reserved.