Cybersecurity
Get the latest news and insights on cybersecurity regulations affecting financial advisors, broker-dealers, RIAs and others in the financial services industry.
TIAA Hit With Second Class-Action Suit Over MOVEit Hack
By Melanie WaddellTIAA inadequately maintained its network and failed to provide timely notice to some 2.4 million clients, the suit argues.
August 28, 2023
FINRA Issues Cybersecurity Alert Tied to FBI WarningThe warning involves threats to Barracuda Email Security Gateway appliances, including those with security patches.
August 24, 2023
Schwab, TD Ameritrade Hit With Class-Action Suit Over MOVEit HackSchwab and TD waited nine weeks before telling the 61,000 affected customers about the breach, the suit says.
August 24, 2023
Prudential Sued Over MOVEit HackThe plaintiffs have proposed that the company provide 10 years of free credit monitoring.
August 21, 2023
MOVEit Hack Hit These Life, Annuity and Retirement FirmsThese data breaches affected at least 26 million people, and the list is growing.
August 17, 2023
Genworth Backs Consolidating Federal MOVEit Breach Suits in MassachusettsJohns Hopkins wants the cases against it to stay in Maryland.
August 15, 2023
New York Life Joins MOVEit Breach Notice ListOverall, the breach may have exposed the data of more than 41 million people and 677 organizations worldwide.
August 14, 2023
How Advisors Can Manage 6 Big AI Compliance ChallengesTo use AI compliantly, here's what advisors need to keep in mind.