Author Archives: Mike Segal

Cybersecurity Assessment Tool from the FFIEC

On June 30, the Federal Financial Institutions Examination Council (FFIEC) released a Cybersecurity Assessment Tool to assist institutions in assessing and reducing threats facing them. Along with the assessment, the FFIEC also provided an Overview for CEOs and Boards of Directors, User’s Guide, Inherent Risk Profile, Cybersecurity Maturity rating description, and video explaining the assessment to assist financial institutions. In addition, appendices are provided that include information about mapping the assessment to the FFIEC IT Handbook and the NIST Cybersecurity Framework.

So You Think Your Password is Hard to Crack …

The problem ... is managing so many different complex passwords. Hopefully, you aren't writing them down on an easily accessible piece of paper, as was common practice in the fictional high school ... in the movie WarGames.

RIA Cybersecurity

... on April 28, the Securities and Exchange Commission (SEC) Division of Investment Management released the IM (Investment Management) IM (Investment Management) Guidance Update on the importance of cybersecurity; this publication lists some of the considerations that registered investment companies (funds) and registered investment advisers (RIAs) should review due to rapidly evolving cybersecurity risks.