From: The Hill
By Cory Bennett
The Securities and Exchange Commission (SEC) could release this year the results of a cybersecurity examination it conducted in 2014 across roughly 100 financial firms, according to multiple reports.
Speaking at a Practising Law Institute event Wednesday, the agency’s top inspection official said the report gives an indication of how the financial industry is doing on cybersecurity.
“My sense on cyber is it’s an unusual regulatory issue,” said Andrew Bowen, who heads the Office of Compliance Inspections and Examinations, Law360 reported. “Everybody understands the stakes and people therefore are highly motivated to get it right.”
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