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After naming Kristina Littman as Chief of the Division of Enforcement’s Cyber Unit in December, the US Securities and Change Fee has launched extra recent blood to its ranks. On Feb. 13, Nancy Sumption was introduced because the successor to Kevin Zerrusen, the previous Senior Advisor for Cybersecurity Coverage to Chairman Jay Clayton.
Nancy Sumption has labored in cybersecurity and privateness in healthcare and finance along with her twenty years of public service as an officer and workers choose advocate within the U.S. Air Power, the U.S. intelligence group, and the Division of Justice. In an SEC press launch, Ms. Sumption acknowledged:
“I sit up for working with [Chairman Clayton], the SEC workers, fellow regulators, and trade to deepen our partnerships to reinforce operational resiliency and handle cyber dangers.”
What Nancy Sumption’s Appointment Means for SEC Coverage
Ms. Sumption is just not the one latest addition working within the U.S. authorities to higher enhance their understanding of crypto safety. Andrew Ridenour was named as a senior counsel to the chairman Heath Tarbert, on the Commodity Futures Buying and selling Fee (CFTC) in Jul. 2019. Ridenour labored on the main cryptocurrency alternate Coinbase. The SEC additionally employed a crypto knowledgeable in Apr. 2019, furthering the company’s efforts to observe and crack down on crypto criminals.
Hopefully, Ms. Sumption’s expertise in cybersecurity will assist improve the SEC’s mechanisms for assessing and responding to dangers. She has been an avid supporter of alternatives to teach others on cybersecurity, information safety, and privateness.
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