CEFEX Adds Data Security Requirements
May 20, 2014CEFEX has recently expanded its assessment guidelines to include more data security questions. This change reflects the heightened sensitivity to the ever increasing risk of data security breaches. CEFEX-certified firms are dedicated to implementing the industry's best practices, and protecting investor information is a crucial part of that.
Recent attention from the Securities and Exchange Commission to cybersecurity and the National Institute of Technology's new cybersecurity framework led CEFEX to expand the data security checklist. It's a good way to ensure that service providers are focused on the importance of data security, and understand where their responsibilities lie when safeguarding information.
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