The SEC Cybersecurity Roundtable: Indicator Of Things To Come?

Starting with the Securities and Exchange Commission's January 2014 announcement that cybersecurity is a priority in its National Examination Program, SEC Chair Mary Jo White and others at the SEC have continued to stress the significance of the cybersecurity threat in speeches and in congressional testimony. Recently, the Commission hosted a Cybersecurity Roundtable to discuss the issues and challenges that cybersecurity presents for market participants and public companies, as well as for regulators. Panelists from government, financial institutions and public companies participated in four panels on the cybersecurity risk landscape—public company disclosure, resilience of market systems, and issues affecting broker-dealers, investment advisors, and transfer agents. Each panel was moderated by an SEC director with responsibility in that area. As Chair White observed in her opening remarks, the threat of a cybersecurity breach is global, and the public and private