Financial Services Information Sharing and Analysis Center

Treasury Cites Cyber Challenges for Online Marketplace Lending Industry

Financial Institutions

On May 10, 2016, the United States Department of Treasury (Treasury) became the latest federal agency to highlight the importance of cybersecurity in the financial services industry.  In its white paper, which follows last year’s request for information to the online marketplace lending industry, Treasury addressed the opportunities and challenges of technological advancements and data availability that have driven change to the way in which consumers and businesses secure financing.

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Going for Brokerage: SEC Report Highlights Best (and Worst) Practices in Cybersecurity Preparedness

On February 3, 2015, the U.S. Securities and Exchange Commission released a Risk Alert addressing cybersecurity issues at brokerage and advisory firms, along with suggestions to investors on ways they can protect themselves and their online accounts.  FINRA issued a similar, more extensive “Report on Cybersecurity Practices” on the same day.

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