Are You Ready for the New SEC Cybersecurity Rules? CyberGuard360 Can Help
The recent $7 million SEC fine against companies with inadequate cybersecurity disclosures reminds us that regulatory agencies are heightening their expectations around data protection and transparency. With the SEC's new amendments to Regulation S-P taking effect in July 2025, every firm—especially broker-dealers and investment advisers—should ask themselves: Are we prepared for these new standards?
What Does the New Regulation S-P Require?
The updated rules demand more robust data protection policies and procedures, specifically focusing on three key areas:
Strengthened Safeguards – Firms must now implement written policies and procedures that protect customer data more rigorously than ever before.
Incident Response Protocols – Detailed incident response plans are now mandatory, ensuring a structured and effective response to any cybersecurity event.
Breach Notification Mandate – Firms are required to notify customers within 30 days if a breach has resulted in the compromise of sensitive customer information.
Each of these areas introduces new compliance hurdles that demand not only policy revision but also the integration of advanced tools and technologies to meet heightened security expectations.
Where Does Your Firm Stand With Cybersecurity?
GiGCXOs' CyberGuard360™ provides your business with a robust cybersecurity audit solution designed to protect against today's most sophisticated digital threats. Our in-depth audits identify vulnerabilities in your systems, networks, and processes, ensuring that your firm is fortified with the highest level of security.
With a team of seasoned third party cybersecurity experts, CyberGuard360™ offers tailored assessments to meet regulatory requirements and safeguard your critical assets. Stay ahead of cyber risks, protect your data, and maintain the trust of your clients with CyberGuard360™.
GiGCXOs offers comprehensive cybersecurity and IT audit services to help broker-dealers comply with Regulations S-P and S-ID, which mandate the safeguarding of customer information. By ensuring your firm’s systems are secure and in line with regulatory standards, we help protect sensitive client data and reduce the risk of cyber threats.
The Cost of Non-Compliance
Firms ignoring these new cybersecurity rules risk enforcement actions and hefty fines, as seen in recent SEC cases. CyberGuard360’s centralized compliance platform mitigates these risks, providing seamless, compliant data security.
Is Your Firm Ready for July 2025? Connect with GiGCXOs today to prepare with CyberGuard360—your comprehensive tool for compliance, security, and peace of mind.
