SEC Budget Justification Emphasizes Increased Cyber Security Oversight

Editor’s Note:  The “In Brief” version of the US Securities and Exchange Commission’s FY 2013 Congressional Justification for their budget request contains the following section concerning cyber-related activities:

Cyber SecurityFinancial entities are recognized as particular targets for cyber attack attempts. SEC monitoring of cyber security at the various securities exchanges and the growing number of trading and clearing platforms will require additional staff to further enhance this function in FY 2013.


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