Chicago partner Jim Lundy was quoted in the world’s largest financial newspaper, The Nikkei, on cybersecurity and SEC enforcement. The article, titled “The US Securities and Exchange Commission to Strengthen Monitoring in Cyber Space,” discussed the SEC Enforcement Division’s new specialty unit, which focuses on cyber risks for SEC registrants, public companies and investors. As Jim noted, with the increased use of technology to engage in securities laws violations and to create cyber risks for investors, the SEC is prioritizing this area with the addition of this Cyber Specialty Unit to its Enforcement Division.
Source: The Nikkei