Advisers reveal cyber insecurities at FPA conference
Most don't expect they could pass a hacking-preparedness test if the SEC came knocking, or even know all the compliance factors they are responsible for, according to a new Financial Planning Association study.
Most financial advisers aren't confident they are well-armed to fight off cyberthieves, or even prepared enough to meet the requirements of the regulators policing their efforts.
Less than a third of advisers “completely agree” that they are 100% prepared to deal with the risks associat
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