Just like Olympic athletes getting past drug testing, hackers will find a way to get around cybersecurity. There's been a big hullabaloo about buy-side data being attached to the CAT. Nov. 15 (2018) isn't related to that, but a year from now, that'll be a concern the buy side will have to grapple with. There's a lot of tension on the buy side about this.
One thing true about the world we live in, if you create a super-rich pile of data, it'll become a target for hacking.
Institutional investors should be looking ahead to 2019 as consolidation audit trail implementation begins.