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“Cybersecurity threats know no boundaries. That's why assessing the readiness of market participants and providing investors with information on how to better protect their online investment accounts from cyber threats has been and will continue to be an important focus of the SEC. Through our engagement with other government agencies as well as with the industry and educating the investing public, we can all work together to reduce the risk of cyber attacks.”

— SEC Chair Mary Jo White

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Cybersecurity

Our daily life, economic vitality, and national security depend on a stable, safe, and resilient cyberspace.

Cyberspace and its underlying infrastructure are vulnerable to a wide range of risk stemming from both physical and cyber threats and hazards. Sophisticated cyber actors and nation-states exploit vulnerabilities to steal information and money and are developing capabilities to disrupt, destroy, or threaten the delivery of essential services.

On January 5, 2017, the U.S. Department of Commerce and the U.S. Department of Homeland Security released a draft report to President Trump in response to the Executive Order on Strengthening the Cybersecurity of Federal Networks and Critical Infrastructure issued on May 11, 2017. The report, which was created with broad input from stakeholders and experts, summarizes the opportunities and challenges in reducing the botnet threat, and offers supporting actions to be taken by both the government and private sector in order to reduce the threat of automated cyber-attacks. 

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