AI and other sophisticated technologies have dramatically heightened the risk of catastrophic data breaches, both through inadvertent leaks and increasingly-sophisticated hacking strategies. Regulatory agencies have been going after firms and technology officers for being the victims of cyberattacks, and for failing to implement proper policies to prevent or detect them.
NSCP 2024: Panel discusses data security strategies and Reg S-P changes
Panelists at the annual gathering made key recommendations as firms prepare to comply with amendments to Regulation S-P.