SEC Names Senior Advisor as Chair for Cybersecurity Policy

The Securities and Exchange Commission (SEC) has appointed Christopher R. Hetner as Senior Advisor to the Chair for Cybersecurity Policy.

According to the official announcement on the SEC Website, “Mr. Hetner will be responsible for coordinating efforts across the agency to address cybersecurity policy, engaging with external stakeholders, and further enhancing the SEC’s mechanisms for assessing broad-based market risk.” As Senior Advisor, Hetner will report to and work with SEC Chair Mary Jo White.

“Cyber attacks are a constant threat to our markets,” said SEC Chair Mary Jo White.  “With the cyber field steadily evolving and expanding, it is imperative we continue to enhance our coordinated approach to cybersecurity policy across the SEC and engage at the highest levels with market participants and governmental bodies concerning the latest developments in this area.  We are very fortunate that Chris will take on this important role where he will apply his expertise and decades of experience in information security.”

Mr. Hetner is the current Cybersecurity Lead for the Technology Control Program within the SEC’s Office of Compliance Inspections and Examinations (OCIE).  He joined the SEC in January 2015 and has more than 20 years of experience in information security and technology.

“Having dedicated my career to information security, I am honored to have the opportunity to advise Chair White on cyber policy issues,” said Mr. Hetner.  “I look forward to working with staff across the agency to enhance our risk-based approach to cybersecurity policy.”

This appointment of Chair further highlights the SEC’s priority around cybersecurity issues as a hot button issue for 2016. Increasingly, cybersecurity is a major risk and is exacerbated when so many technical solutions are outsourced to suppliers. At MyComplianceOffice, we offer a comprehensive and cost effective solution to reduce third party and supplier risk such as cybersecurity concerns through our Know Your Third Party (KYTP) platform.

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Source: https://www.sec.gov/news/pressrelease/2016-103.html