The SEC has rebranded its Crypto Assets and Cyber Unit to the "Cyber and Emerging Technologies Unit," with a broadened focus on combating cyber-related misconduct and protecting investors from emerging technology-related fraud. This new unit will address a wide range of issues, including fraud using blockchain and crypto assets, hacking to obtain nonpublic information, and compliance with cybersecurity regulations, led by co-chief Laura D'Allaird. While some observers worry the rebranding might signal a shift away from strict cryptocurrency enforcement, the unit continues to prioritize fraud involving blockchain technology among its focus areas, potentially reflecting an intention to adapt to broader technological changes while maintaining its core mission. Derek B. Johnson has more.

In this episode, you will hear Cynthia Kaiser, deputy assistant director in the bureau’s cyber division talk about the implications of the Salt Typhoon breach, which she spoke about during CyberScoop’s Zero Trust Summit. Kaiser characterized the breach as “a different level of insidiousness” from Beijing, one that reflects its “ambition and reckless aggression in cyberspace.” Listen here.