NDBF RELEASES CYBERSECURITY REPORT, BEST PRACTICES TO NEBRASKA ADVISERS

Dec. 3, 2018 (LINCOLN, NEB.) — The Nebraska Department of Banking and Finance (“NDBF”) released today the results of its 2018 Cybersecurity Survey of Nebraska-Registered Investment Advisers. The report details results of a voluntary survey issued to all Nebraska advisers used to assess cybersecurity practices and risk management.  The 2018 survey is follow up to the 2016 Cybersecurity Survey to determine whether Nebraska advisers had improved their cybersecurity practices. 

“The Department wishes to thank all of the Nebraska advisers that participated in the survey,” Deputy Director Claire McHenry said.

In general, NDBF found that Nebraska advisers were taking steps to address cybersecurity threats, but that firms also could improve their practices.  The survey focused on several cybersecurity issues, including devices, Wi-Fi access, passwords and encryption, and anti-virus/anti-malware protections.  The report also identifies best practices and resources to assist firms to address cybersecurity issues. 

“Cybersecurity remains a key priority for the Department,” said Deputy Director McHenry.  “It is essential that investment advisers address cybersecurity threats to protect their clients and their firms, regardless of the size of the firm.”

2018 Cybersecurity Survey Report.pdf

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