Updated Monday, September 1, 2014 as of 3:42 AM ET

Advisors Beware: Single Data Breach 'Can Bring Down' a Practice

WASHINGTON -- In the face of a range of cyber threats that are increasing both in volume and sophistication, investment advisors need to shore up their digital defenses, taking steps to elevate security as a business priority and share more information about attacks with relevant authorities.

Get access to this article and thousands more...

All On Wall Street articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.

Already Registered?

Comments (3)
Good move by the SEC to check on cyber thefts. Businesses whether in financial services or other sectors are increasingly faced with data breaches and attacks on their security systems by Hackers are on the rise, focusing more on the security aspects during IT planning and conducting regular maintenance and testing will help check the organisations security concerns. Just read a whitepaper on the above discussed topic readers will find it interesting @ http://bit.ly/1bEjpzs
Posted by suresh k | Friday, March 28 2014 at 7:58AM ET
Couldn't agree more with the statement that financial professionals need to "set a tone from the top" for data security. We've helped a number of financial organizations develop and implement both plans and systems to protect client data. The biggest challenge is usually not getting the right systems in place; instead, it's fostering a mindset of data security. Read more about our experiences here: http://3n1media.com/gen/blogs.aspx?iid=89668
Posted by Jason H | Thursday, April 03 2014 at 9:01AM ET
Couldn't agree more with the statement that financial professionals need to "set a tone from the top" for data security. We've helped a number of financial organizations develop and implement both plans and systems to protect client data. The biggest challenge is usually not getting the right systems in place; instead, it's fostering a mindset of data security. Read more about our experiences here: http://3n1media.com/gen/blogs.aspx?iid=89668
Posted by Jason H | Thursday, April 03 2014 at 10:14AM ET
Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here