Cybersecurity
Get the latest news and insights on cybersecurity regulations affecting financial advisors, broker-dealers, RIAs and others in the financial services industry.
Advisors, Prepare to Battle for Clients and Employees
By Jane Wollman RusoffThe wealth management business is morphing from a "genteel club" to a "jungle," prognosticator Mark Hurley tells ThinkAdvisor.
November 16, 2023
Morgan Stanley to Pay 6 States $6.5M Over Client Data SecurityThe firm failed to erase customer information from old hard drives and servers before auctioning them off.
November 10, 2023
State of Maine MOVEit Breach Exposes 1.3M People's DataSome records exposed included driver's license numbers and Social Security numbers.
November 10, 2023
World's Biggest Bank Has to Trade Via USB Stick After HackThe cyberattack is suspected to be the work of the gang Lockbit and has hit other financial firms.
November 03, 2023
Customers at Big Banks Report Account ProblemsA clearinghouse processing snag appeared to affect JPMorgan Chase, Wells Fargo, Bank of America, Truist and U.S. Bank.
October 30, 2023
FTC to Create Public Data Breach Website for Some Financial FirmsOfficials hope a public database will spur consumers to do more to protect their data.
October 13, 2023
Capital One Banking Customers Report Missing Deposits, Login IssuesCapital One's customer service account on X said the bank's tech team was working to fix a known issue.
October 13, 2023
Citi Customers Report App, Website ProblemsCiti tweeted that its site was experiencing a technical issue and it was working to fix it.