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FINRA Report on Best Cybersecurity Practices Is Must-Read, Alston & Bird Lawyer Says

Cybersecurity Practices Must “Be Appropriately Tailored to the Entity. It Should Be Risk-Based, Based on Risk to Your Organization.”

The recently released FINRA report provides guidance for broker-dealer firms of various sizes on how they can mitigate the risks of cyberattacks and data theft by other means.

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“Cybersecurity practices need to be current and adaptable to the current threat landscape,” says Kimberly Kiefer Peretti, partner and co-chairwoman of Alston & Bird’s cybersecurity preparedness and response team in Washington, DC, speaking about the Financial Industry Regulatory Authority’s (FINRA) latest Report on Selected Cybersecurity Practices 2018.

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