SIE practice questionhardReporting cybersecurity events timeline
How quickly must a major cybersecurity event be reported to FINRA?
- AWithin 90 days
- BWithin 60 days
- CWithin 10 business days
- DAs soon as possible, but no later than 30 calendar days✓ Correct answer
Explanation
Why D — As soon as possible, but no later than 30 calendar days
Material cybersecurity incidents must be reported to FINRA as soon as possible, generally within 30 days.
Turn it into reps
Reading one answer is not the same as being ready
Lucky the Banker is a free practice app with 1,867+ SIE questions, weak-area tracking, and timed mock exams. No credit card, no paywall.
Spot an error in this question or explanation? Tell us — we fix these fast.
Related Regulatory Framework questions
- A criminal indictment of a registered individual must be reported to FINRA within how many days?
- If a regulatory agency files a complaint against a firm, what is the correct reporting procedure?
- If a registered person files for personal bankruptcy, what is the reporting requirement?
- A broker-dealer is under investigation by a state regulator. What must it do?
- A firm receives a regulatory fine of $10,000. What must be done?
- If a registered person fails to report an outside business activity (OBA) and the firm discovers it, what is the…
- If there is a breach of customer private information, a broker-dealer must:
- Within how many days must a broker-dealer file a Form U5 after the termination of a registered person?