Poor Information Security Measures Lead to $275,000 Fine
In September 2008, the Security & Exchange Commission fined a broker-dealer $275,000 for failure to use adequate security measures to protect customer information. In its settlement with the SEC, the company has agreed to devise and implement a policy and a set of procedures for training its employees and independent contractors with respect to the protection of customer records.
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Managing Director of the IT Law Group. <br><br>Practice focused on data privacy and security and data management at the domestic and international levels.<br><br>
Managing Director of the IT Law Group. <br><br>Practice focused on data privacy and security and data management at the domestic and international levels.<br><br>
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