Skip to content
SEC and IT Security for Financial Services
The Securities and Exchange Commission (SEC) oversees companies that sell and trade securities and offer advice to investors. They require financial services firms to audit their cybersecurity practices to identify risks and provide evidence of security measures that protect the privacy of their investors’ data and reduce overall risk. These measures include access controls, cybersecurity awareness, disaster recovery planning, endpoint protection, and data encryption while in transit and in storage.
To maintain investor confidence, financial services firms and their vendors and service providers must prevent cyber-attacks and minimize disruptions to normal business operations. Following SEC standards will ensure your financial services business fulfills these obligations.
Want to speak to a REAL person about SEC Compliance?
See just how quickly we get to your call. Ready, Set, Dial!
Components of the SEC's IT Security Standards
- Prevent unauthorized access by controlling user and device privileges based on their roles and requirements
- Establish administrated password controls and secondary credentials like MFA
- Establish a process for immediately removing unneeded credentials following personnel or system changes
- Regularly review user access privileges
- Prevent data loss
- Prepare for any type of threat or security event
- Maintain detailed records of all cybersecurity activities
- Reduce downtime and minimize business disruption
- Engage in an ongoing risk assessment process to identify internal and external threats
- Implement comprehensive cybersecurity measures including firewalls, antimalware, and redundant off-site backups
- Monitor to detect actual and attempted intrusions into systems holding investors’ data
Adopt the SEC’s IT security standards
with our simple 3-step process:
Gap Assessment
Before your business attempts to implement SEC standards, you should identify any issues that could lead you to fail. This critical step is called a Gap Assessment and is designed to determine the “gaps” or holes in your security posture and to show you how to fill them.
Charles IT can identify and address the vulnerabilities in your cybersecurity, so you can apply SEC standards and show your clients that you take data security seriously.
Enlist our SEC IT Security Services
Backup and Disaster Recovery
Backup and Disaster Recovery
Dark Web Monitoring
Dark Web Monitoring
Endpoint Encryption
Endpoint Encryption
External Vulnerability Scanning
External Vulnerability Scanning
Multi-Factor Authentication
Multi-Factor Authentication
SIEM
SIEM
Internal Vulnerability Scanning
Internal Vulnerability Scanning
Penetration Testing Management
Penetration Testing Management
Managed Detection and Response (MDR)
MDR
Ongoing Data Management
Charles IT can give your business state-of-the-art access control systems, in order to:
- Limit data access to only those whose jobs require it
- Encrypt your data in storage, in use, and during transfer
- Train your staff in data-security best practices
- Provide Security Information and Event Management (SIEM) service
- Scan the dark web to determine if your data has been compromised
What results to expect
Once we start working with clients to adopt the SEC cybersecurity standards, we’ve seen them enjoy…
- Confidence in passing an SEC-related audit
- Improved documentation and storage options
- Significant reduction in cybersecurity risk
- Increased client and staff trust from better personal data management
