Mitigating Data Security Risks at Broker Dealers

The report explains how key industry shifts and a threatening landscape are affecting the broker-dealer community. The reports’ survey data on current attitudes and activities in the sector show that broker-dealers are under increasing pressure to develop:

• Extensive, integrated and automated enterprise-wide data protection strategies
• Inter-organizational conventions for mitigating data-loss risks among customers, partners and third-party providers

The paper describes the effect of regulation on information security. It then suggests action items for coping with potential information security threats.