A five-sign self-assessment for compliance officers — and the economics behind the alternative to a full-time hire.
For most chief compliance officers at registered investment advisers, cybersecurity has quietly become one of the largest items on the compliance agenda — and one of the few the CCO is least equipped to own alone. The amended Regulation S-P closed the door on treating data security as IT housekeeping. It is now a documented compliance obligation, and the examiner expects someone senior to be accountable for it.
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