Search
  • TITAN

NASAA Annual Report; Top Five Cybersecurity-related Issues

April 29th | 2020



The North American Securities Administrators Association ("NASAA") recently published its Annual Report on state-registered investment advisers’ regulatory compliance. Much like the SEC’s Examination Priorities letter, the NASAA’s report highlights cybersecurity. In fact, the NASAA included a top five cybersecurity-related deficiency list:


  • no testing of cybersecurity vulnerability

  • lack of procedures regarding securing or limiting access to devices

  • lack of procedures related to internet connectivity

  • weak or infrequently changed passwords

  • no or inadequate cybersecurity insurance


Helpfully, The NASAA has a guide and a Cybersecurity Checklist for Investment Advisers that includes 89 assessment areas to help state-registered investment advisers identify, protect, and detect cybersecurity vulnerabilities; and to respond to and recover from cyber events.

San Francisco | Chicago | New York

65 E. Wacker Pl STE 610 | Chicago, IL 60601

San Francisco Office

Send Us a Message

12 Geary St STE 502 | San Francisco, CA 94108

  • White LinkedIn Icon
  • White Instagram Icon
  • White Twitter Icon

© 2020 by Titan Regulation & Advisory