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.

That was the message of industry leaders, compliance experts and government officials who gathered at the SEC on Wednesday for a day-long cybersecurity roundtable to discuss the evolving threats to various sectors of the financial services industry.

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