Information Notice FINRA – 3/26/20
As work processes adjust in response to COVID-19, firms and their associated persons should take appropriate measures to address increased vulnerability to cybersecurity attacks and to protect customer and firm data on firm and home networks, as well as devices.
This alert provides firms and associated persons with measures they may use to help strengthen their cybersecurity controls in areas where risks may increase in the current environment. In particular, FINRA understands the resource challenges that small firms may face, but hopes that the information included below may help them address possible cybersecurity issues associated with remote work.
However, this alert does not provide an exhaustive list of steps that firms and associated persons should consider. Further, the alert is not intended to express any legal position, and does not create any new legal requirements or change any existing regulatory obligations.
FINRA is committed to providing guidance, updates and other information to help stakeholders stay informed about the latest developments on FINRA’s COVID-19/Coronavirus Topic Page. New information will be posted on that webpage as it becomes available.
Questions concerning this Notice should be directed to:
Dave Kelley, Director, Member Supervision Specialist Programs, at (816) 802-4729.