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Financial Services Law Insights and Observations

FINRA provides cybersecurity alert containing measures firms should consider in adjusting to Covid-19

Federal Issues Covid-19 FINRA Privacy/Cyber Risk & Data Security

Federal Issues

On March 26, FINRA released a cybersecurity alert providing FINRA firms and associated persons with measures they can take to help strengthen their cybersecurity controls in areas where risks may increase in the current environment. The alert contains recommendations concerning the security of office and home networks, computers, and mobile devices. It also addresses common methods of scams and attacks during Covid-19. The alert recommends that firms provide staff with training regarding cybersecurity.

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