SEC fines for cybersecurity breaches: How to increase your security and avoid penalties

Cybersecurity is at the forefront of the news today. With large amounts of money and data on high-net-worth individuals, wealth and asset management firms are not immune to cybersecurity attacks and are appealing targets for cyber criminals. Yet the sector has only recently been making large-scale efforts to improve its cybersecurity. To thrive in today’s complex business environment — and keep pace with rapid transformation in the digital era — you need a dynamic approach to risk and regulation.

Three key takeaways from this discussion:

• Form a better understanding of how hacks happen and how cybercriminals break into systems and steal data.
• Learn how to become more resistant to cybersecurity attacks and make them less likely to happen in your organization.
• Develop a plan to document your cybersecurity program to meet regulatory scrutiny.

This webinar was designed for: Wealth and asset management firms

Presenters:

• Anna Kooi
• Paul Lally
• Tom Wojcinski
• Brian Hamburger: Founder and managing member of the Hamburger Law Firm.