In addition to PCI, there are
other cybersecurity compliance measures that can and should be met by online businesses.
Not exact matches
The alert noted that in a recent SEC Office of
Compliance Inspections and Examinations study of 75 financial firms, 5 percent of broker - dealers and 26 percent of advisors and investment funds did not conduct periodic risk assessments of critical systems to uncover vulnerabilities, potential business consequences and
other cybersecurity threats.
In an event co-hosted with Bloomberg, the New York Alternative Investment Roundtable's April event will feature a panel of technology experts who will discuss the rapidly changing ways that the alternative investment community does business and what they should be aware of — from regulatory and
compliance considerations; to
cybersecurity; big data; cloud computing and storage; artificial intelligence; machine learning; distributed ledger and
other important changes.
Cybersecurity breaches may cause disruptions and impact each Fund's business operations, potentially resulting in financial losses; interference with each Fund's ability to calculate its NAV; impediments to trading; the inability of each Fund, the adviser, and
other service providers to transact business; violations of applicable privacy and
other laws; regulatory fines, penalties, reputational damage, reimbursement or
other compensation costs, or additional
compliance costs; as well as the inadvertent release of confidential information.
The team's hands - on business experience in managing information technology risk allows them to provide practical, business - focused counsel on all aspects of information policy, security, data storage and management, regulatory
compliance and
other cybersecurity matters.