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Financial services industry groups urge SEC to strengthen cybersecurity practices

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Photo: Getty Images

Julie DiMauro

4 min read
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Banking and securities association groups say SEC should revise its current, proposed changes to Regulation S-P and Rule 10.

The Securities Industry and Financial Markets Association (SIFMA), Bank Policy Institute (BPI), Institute of International Bankers (IIB), and American Bankers Association (ABA) (collectively, the “associations”) have written to the US Securities and Exchange Commission (SEC) comment letters to reiterate their support of strong cybersecurity practices for businesses.

Specifically, the associations

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