CFTC Among Regulators Demanding Cybersecurity Vigilance

From: JDSupra

Written by: Samantha Ettari | Kramer Levin Naftalis & Frankel LLP

While the Securities and Exchange Commission (SEC) has garnered significant attention for its increased efforts and focus on regulating and enforcing enhanced cybersecurity measures within the U.S. financial markets, the Commodity Futures Trading Commission (CFTC) has also taken extensive steps in this emerging area.

The focus on cybersecurity has grown into an ever-present issue across all industries in recent years as banks and financial firms, national retailers, and companies of all kinds have been hit by breaches affecting confidential customer data. Covered entities must ensure they are — and remain — familiar with the CFTC’s cybersecurity and data protection regulations.

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