Chicago partner Jim Lundy was interviewed by the Compliance Reporter for an article titled “SEC Cracks Down on Cybersecurity With Specialized Enforcement Unit.” During the interview, Jim explains that with the formation of this new unit, the agency seeks to increase and focus its efforts to combat securities laws violations related to cybersecurity risks, adding, “Members of this unit will be judged on the cases they bring, so expect them to push the envelope on what we have seen in this space in the past few years.” He also noted that this unit will lead to the SEC taking an increased, proactive approach to attempt to prevent cyber-related investor harm.

Read “SEC Cracks Down on Cybersecurity With Specialized Enforcement Unit.”

Source: Compliance Reporter
Leave Drinker Biddle to Learn More