And It’s Not The First TimeHackers have been stealing the secret algorithms and tactics used by hedge funds and high-frequency trading firms, according to two security companies.
Such algorithms, frequently referred to as “the secret sauce”, can be the lifeblood of a financial firm, and are designed to take advantage – often automatically – of infinitesimal ...
Read More →Employees are significantly increasing the risk of enterprise security breaches with reckless password activity — and the proper password governance to stop it is lacking, according to a recent survey from identity governance company SailPoint Technologies.
Vanson Bourne, a U.K.-based technology research firm, interviewed 1,000 office workers in ...
The Office of Compliance Inspections and Examinations (OCIE) National Examination Program staff, recently examined 57 registered broker-dealers and 49 registered investment advisers to better understand how broker-dealers and advisers address the legal, regulatory, and compliance issues associated with
cybersecurity (the “Cybersecurity Examination Initiative” or the “Initiative”).
In the examinations, the staff collected and analyzed information from the selected firms relating to their practices for: identifying risks related to cybersecurity; establishing cybersecurity governance, including policies, procedures, and oversight processes; protecting firm networks ...
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