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SEC Looks to Improve Cloud Expertise to Bolster Cybersecurity

October 09, 2019 / NA

The Securities and Exchange Commission (SEC) Office of Inspector General (OIG) has identified several management and performance challenges at the agency in a report dated Oct. 7. Those challenges include various aspects of data protection and improving cybersecurity, and on that last front the agency is aiming to deepen its understanding of cloud computing and other technologies as part of a plan to improve security.In addition to efforts outlined in the SEC’s FY2020 Congressional Budget Justification – including deploying new security capabilities and improving its enterprise security controls and practices the SEC is looking into ways to reduce its cyber attack surface.  As part of that effort, SEC is seeking to hire three additional Office of Information Technology (OIT) staff members to deepen OIT’s expertise in new technologies such as cloud computing, and to expand its proactive monitoring of network and systems for malicious activity by cyber threat actor...