May 2, 2019

Five Essential Articles for Private Fund Managers to Combat Cyber Risks

Although the SEC has not formally confirmed the existence of a third cybersecurity examination initiative, Kristin Snyder, Deputy Director of the SEC’s Office of Compliance Inspections and Examinations (OCIE), recently stated at a conference that OCIE would be conducting a new cybersecurity sweep focused on investment management firms involved in mergers and acquisitions. In addition, cybersecurity remains a key 2019 OCIE examination priority area. To prepare fund managers, the Hedge Fund Law Report is highlighting five articles from its historical archives that explore important cybersecurity issues, including the structure of cybersecurity programs; the SEC’s cybersecurity enforcement and examination priorities; social engineering fraud; the laws and threats applicable to investment managers; and cybersecurity risks posed by third parties. Next week (the week starting May 6, 2019), the Hedge Fund Law Report will resume its normal weekly publication.