Tag archives: broker

Hong Kong SFC Launches Review on Brokers’ Internet and Mobile Trading Systems

Photo of Anna GamvrosPhoto of Ruby Kwok (HK)By Anna Gamvros and Ruby Kwok (HK) on Posted in Compliance and risk management, Regulatory response
Data Protection Report - Norton Rose FulbrightThe Hong Kong Securities and Futures Commission (SFC) has launched a new cybersecurity review to assess the cybersecurity preparedness, compliance and resilience of brokers’ internet and mobile trading systems. This follows the increasing number of security incidents in which customers’ internet and mobile trading accounts were hacked, including 16 incidents involving seven securities brokers and unauthorized trades in excess … Continue reading

SEC’s cyber preparedness priorities on display in the agency’s cybersecurity examination initiative

By on Posted in Compliance and risk management, Regulatory response
Data Protection Report - Norton Rose FulbrightLast week, the U.S. Securities and Exchange Commission’s (“SEC”) Office of Compliance Inspections and Examinations (“OCIE”) published a Risk Alert that summarized findings from the agency’s examinations of the practices employed by financial service firms to address cybersecurity risks. The focus and results of the OCIE’s evaluation offer firms insight into the types of information security and … Continue reading
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