ARTICLE
9 August 2017

Global Regulatory Outlook 2017: Preparing For And Responding Effectively To Cyber Attacks

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Duff and Phelps

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Duff & Phelps is the global advisor that protects, restores and maximizes value for clients in the areas of valuation, corporate finance, investigations, disputes, cyber security, compliance and regulatory matters, and other governance-related issues. We work with clients across diverse sectors, mitigating risk to assets, operations and people. With Kroll, a division of Duff & Phelps since 2018, our firm has nearly 3,500 professionals in 28 countriesaround the world.
Respondents to the Global Regulatory Outlook (GRO) 2017 survey clearly stated that cybersecurity would be a focus for 2017 and beyond.
United States Technology
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Respondents to the Global Regulatory Outlook (GRO) 2017 survey clearly stated that cybersecurity would be a focus for 2017 and beyond.

Cybersecurity is the biggest risk facing the financial system and as such, firms can expect the SEC to continue to focus on it moving forward. The National Futures Association, FINRA, and the FCA in the UK, the FSC in Hong Kong and a variety of regulators globally have issued guidance, directives, and FAQs outlining their approach and expectations.

"It is worth noting that increasing and high-profile attacks are prompting investors to ask many of the same questions about cybersecurity that regulators are posing. Commercial forces, as well as regulatory pressures, are ultimately likely to prove key in improving standards," as Jason Elmer, Managing Director at Duff & Phelps, explains.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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