CFTC Penalizes Registrant for Outsourced IT Security Lapses
Last month, the CFTC settled charges against an organization for its failure to ensure the security of its’ customers’ records and information. The registrant’s third-party vendor gained unauthorized access to more than 90,000 records, and the CFTC’s charges make clear the risks registrants can face when their third parties are derelict in their duties.
with co-authors Michael W. Brooks, Cheri L. Hoff and Chelsea L. O’Donnell
Updates
On February 12, 2018, the Commodity Futures Trading Commission…
