Mariners Wealth Advisors Data Breach Affects Nearly 9,000 Customers
The security incident from last November did not impact financial or investment accounts, according to the Maine state attorney general’s...
Tag: cybersecurity
Advisers at ‘Forefront’ of Digital Fraud Detection, Prevention
A FINRA conference panel discussed how timely notification of fraudulent activity can protect targeted clients and advisory firms.
Financial Regulators Consider Responses to Advanced AI Threats
The Securities and Exchange Commission is accepting public feedback on a review of the world’s largest database of retail and...
Fidelity Reaches $1.25M Settlement Over 2024 Data Breach
Personal data of about 77,000 customers were accessed by an unauthorized third party, according to Massachusetts regulators.
Ameriprise Data Breach Impacts More Than 47,000 People
The breach occurred on March 2 but was discovered on March 18, according to the Maine attorney general’s office.
OneDigital Reveals Magnitude of Salesforce Data Breach
Data belonging to as many as 28,414 people were compromised, according to the Maine attorney general’s office.
Lagging Security, Excessive AI Access Prevalent in 2 Cybersecurity Surveys
Kroll learned that 80% of respondents increased budgets dedicated to cybersecurity, but nearly three-quarters acknowledged gaps in their strategy.
CRM Software Top of Mind Among Advisers’ Tech Options
According to a recent survey, financial advisory firms and professionals value customer relationship management solutions the most of all fintech...
Why Data Security Is a ‘Shared Responsibility’ for Advisers
Artificial intelligence raises the stakes in the ongoing responsibility to monitor data access and review third-party vendors.
Pontera, Fidelity Fight Over Third-Party Access to Plan Data
The fintech company argues that the nation’s largest recordkeeper is overreaching by restricting third-party access to accounts.
Almost All Organizations Hit by Digital Attacks Believe It Was Preventable
A survey found that 92% of security decisionmakers who came under cyberattack in the last year believe that better security...
Plan Sponsors Shift Focus From Cost-Cutting to Cybersecurity
As cost pressures ease, sponsors are prioritizing data security and embracing artificial intelligence to personalize and future-proof the 401(k) experience.
Deepfaked Fiduciary: The Real AI Threat Nobody’s Talking About
Adviser Neil Plein explains how fiduciaries can be prepared to minimize the risk to their practices from increasingly sophisticated scams...
Most Americans Still Skip Basic Cyber Protections
According to a survey by digital security company Iris, 91% of Americans worry about AI threats to their personal data,...
Data Breach at Alera Exposed Data of More Than 10,000 Individuals
An external breach, which occurred last summer, may have exposed retirement plan participants’ personal data, such as Social Security numbers...
Financial Firm Investment in Gen AI Surges, Cybersecurity Remains Priority
A Broadridge survey found a leap in firms’ investment plans for generative AI technology.
Participant Data at Community Colleges, Public Schools Exposed in Breach at TPA
A third-party administrator of 403(b) and 457(b) plans experienced a cyber breach last month, exposing sensitive information of more than...
SEC Announces Unit to Protect Investors From Crypto, AI Scams
The Cyber and Emerging Technologies Unit will be led by Laura D’Allaird, who was co-chief of the predecessor Crypto Assets and Cyber Unit.
The Pension Specialists Breach Exposes Data of 71,000 Participants
The external system breach exposed participants’ names and Social Security numbers.
Generative AI, Email Scams Lead Cyber Fraud in 2024
One of the biggest challenges executives cite in fraud prevention is that employees don’t always follow fraud prevention policies, according...