“Cyber is the one thing that keeps me up at Night”- SEC Commissioner Robert J. Jackson Jr.

By Marc Capobianco

This past week, I had the opportunity to spend two days in Washington DC at the IAA’s 2019 Investment Advisor Compliance Conference.  These two days were packed with sessions from SEC Commissioner Robert J. Jackson Jr., director of SEC Division of Investment Management, Dalia Blass, many other top SEC rulemakers, OCIE Officials and industry experts. Despite the 35-day government shutdown, the agency is hard at work on many new initiatives.

Financial institutions continue to be one of the top targets for Cybercriminals.  New data privacy laws are trying to keep pace with the rapid changing threat landscape. With GDPR approaching its one year anniversary in May, California recently passed sweeping legislation to enhance privacy rights and consumer protections for residents in the state of California.  This new act known as California Consumer Privacy Act (CCPA) is set to take effect January 1, 2020

Tier1Net is closely monitoring the latest developments from both Federal and State Legislative Agencies and working with our technology partners and clients to provide simple, secure, and compliant technology offerings.

#Compliance  #OneStepAhead   #GetTier1Net

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