As cybersecurity continues to evolve and hackers become more and more sophisticated, the SEC Office of Compliance Inspections and Examinations (OCIE) has prioritized evaluating funds, specifically against the areas of risk cited in multiple Risk Alerts the regulator has released dating back to 2014. “Never before examined” (NBE) funds are at the greatest risk of being audited, with those firms that haven’t been examined in the last five to seven years coming in a close second. We say, “it’s not a matter of if, but when,” when it comes to being breached, and the same holds true for being audited by the SEC – it’s not if, but when.
Agio’s SEC Cybersecurity Mock Audit is a consulting engagement designed to prepare you for when that day comes. We review your firm’s policies, procedures, and workflows in order to identify areas where the SEC may find you deficient. Our engagement prepares your senior management to respond to an actual audit, and effectively communicate to regulators your firm’s cybersecurity approach. With our experience as vCISOs who have sat in the boardroom and assisted with actual regulatory audits, we know exactly what it takes to keep you safe and compliant.