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This has made existing measures less effective, and it means that most organizations need to up their cybersecurity game. Cybersecurity is the practice of deploying people, policies, processes and technologies to protect organizations, their critical systems and sensitive information from digital attacks. FINRA is conducting an assessment of firms’ approaches to managing cyber-security threats. Cybersecurity is a major challenge for everyone – but it can be a particularly big challenge for those in the financial industry. That’s why FINRA released a new report highlighting effective cybersecurity practices for FINRA member firms. The U.S. “National Security Memorandum on Improving Cybersecurity for Critical Infrastructure Control Systems,” for example, is prioritizing the electricity and natural gas pipeline sectors, followed by the water/wastewater and chemical sectors. Attacks on organizations in critical infrastructure sectors rose from less than 10 in 2013 to almost 400 in 2020,