Securities and Exchange Commission Chairman Jay Clayton is telling corporate America it needs to get much more vigilant on security.
In an interview Monday on CNBC’s “Power Lunch,” stressed that significant cybersecurity threats remain, despite the ongoing coronavirus pandemic and election season. “Cyber risks have not gone away with the unfortunate, unforeseen risks we’ve faced with Covid and other uncertainties in our economy,” he said. “They’re still there, and they’re there more than ever.”
So alarmed is the SEC by recent developments that it has issued warnings on several areas in recent months.