Chief Information Security Officer Advisory Content

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Chief Information Security Officer Committee

Chief Information Security Officer Committee (CISO), whose mission is to provide: a trusted forum for ICI members and critical industry partners to collaborate on cyber security issues and challenges; provide additional resources on cyber security matters for ICI members, with a view towards mitigating operational and reputational risks, in an effort to protect funds and shareholder value; and provide coordination, as appropriate, with information sharing centers, public/private partnerships, associations, and other organizations tasked with sharing and disseminating cyber security related data.
ICI Default BG
Memo#
36004

ICI Cyber Incident Tabletop Exercise 2024 After-Action Report

[36004] January 30, 2025 TO: ICI Members Chief Compliance Officer Committee Chief Information Security Officer Committee Chief Risk Officer Committee Global Information Security Officer Committee - London Global Information Security Officer Committee - Tokyo Operational Resiliency...
ICI Default BG

ICI Cyber Industry Tabletop Exercise 2024: After-Action Report

The asset management industry faces an escalating battle against cybercriminals employing increasingly sophisticated tactics. From state-sponsored attacks to ransomware-as-a-service (RaaS) platforms enabling low-skilled criminal infiltrations, the threat landscape is more complex than...
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Memo#
35996

IRS Notices of Tax Information Breach

Several ICI member firms have reported receiving notifications from the Internal Revenue Service (IRS) informing them that their funds' tax information was leaked as part of the "Littlejohn" data breach at the IRS. These notices state that a former IRS contractor "has been charged...
ICI Default BG
Memo#
35917

FSB Consultation on Format for Incident Reporting Exchange

On 17 October, the Financial Stability Board (FSB) published a consultation report on a Format for Incident Reporting Exchange (FIRE). Responses to the Consultation are requested by 19 December 2024 and ICI plans to submit a response.
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Memo#
35718

SEC Adopts Amendments to Regulation S-P

On May 16, 2024, the SEC unanimously adopted amendments to Rule 248.30 in Regulation S-P (the "amendments"). Since its adoption in 2000, Regulation S-P has required the safeguarding of customer records and information and the disposal of consumer report information.