SEC fined RIA $1Mil for cyber-security failure: Make CYBER-SECURITY a Priority in 2020
Protect your RIA in this area, make it a priority in your budget now BEFORE a breach happens. On September 26, 2018, the SEC Division of Enforcement announced that it settled claims with an RIA that agreed to pay $1 million to settle charges related to its failures in cyber-security policies and procedures surrounding a…