The New Audit: Security

February 2010
Securities Industry News;2/8/2010, Vol. 22 Issue 3, p3
Trade Publication
In this article, the author discusses the possibility of a second audit that will be required by the U.S. Securities and Exchange Commission (SEC) to asses the security of the information systems of companies trading on Wall Street in the future. The second audit to be conducted by an independent firm is intended to reassure public markets and regulators, among others, that the systems of financial entities, such as trading firms, are secure and shielded from internal or external attack, malfunction or breakdown.


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