Guidance from OCIE on Cybersecurity
FrontLine Compliance
On January 27, 2020, the Office of Compliance Inspections and Examinations (“OCIE”) released a report, Cybersecurity and Resiliency Observations (the “Report”), which outlines its examination findings over the past several years. OCIE has been reviewing cybersecurity practices at firms under its examination authority since 2012, conducting at least three specific targeted exams of investment advisers. During that time, it issued eight Risk Alerts related to cybersecurity.
This new Report is based upon exam findings from…
