Cybersecurity
Get the latest news and insights on cybersecurity regulations affecting financial advisors, broker-dealers, RIAs and others in the financial services industry.
Smarsh Buys AI Firm to Help RIAs, BDs Spot Risks
By Jeff BermanThe combined company will also help advisors and their firms uncover strategic insights from large volumes of data in real time.
October 07, 2020
Fake FINRA Survey Is a Phishing Scam, Regulator Warns BDsThe email scam is the latest of several attempts to illicitly gather data by impersonating FINRA or registered reps.
September 15, 2020
SEC Warns of Rise in 'Credential Stuffing' CyberattacksClient login credentials that are compromised can result in loss of customer assets and unauthorized disclosure of personal information.
August 28, 2020
Morgan Stanley Is Sued Over Data Breaches Tied to Missing Equipment"Current and former customers face a lifetime risk of identity theft," an IRA holder says in a filing.
August 19, 2020
State Regulators Say They Disrupted 220 COVID ScamsThe schemes "often exploit trendy assets" such as cryptocurrencies or AI-related investments, a NASAA official said.
August 17, 2020
Brokers Beware: FINRA Warns Member Firms of Impostor SiteA fake FINRA website has an extra "n" in its domain name and asks for advisor info, the regulator says.
July 23, 2020
Ex-Morgan Stanley IT Expert Files Whistleblower Suit Against Autonomy CapitalThe investment management firm's cybersecurity systems had "massive holes," the fired exec said in the suit.
July 21, 2020
COVID-19 Planning Is Top RIA Compliance ConcernBusiness continuity planning related to COVID-19 has replaced cybersecurity as the top worry for compliance officers.