The US Securities and Exchange Commission named Christopher Hetner senior adviser to the chair as it looks to address rising instances of cyberattacks.
The appointment comes two weeks after SEC Chair Mary Jo White told the Reuters Financial Regulation Summit in Washington D.C. that cyberattacks were the biggest risk facing the financial system, adding that the SEC “can’t do enough” in the cybersecurity sector.
The financial industry has been rattled by a cyber theft from the Bangladesh central bank funnelled through SWIFT, a member-owned industry cooperative that handles the bulk of cross-border payment instructions between banks. For the full article click here
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