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Cyber Attacks

Displaying 16 results

Topic

How hackers will use killer data

Attacks against data integrity will be the next frontier in cyber warfare, and we need to be ready.

Topic

Prepping fintech platforms for the next cyberattack

It’s critical for fintech firms to have incident response plans if a catastrophic event and subsequent cyberattack were to happen.

Topic
  • News
  • August 11, 2021

Hackers return funds from likely record crypto attack

After stealing $610 million from a DeFi protocol that lets users swap crypto tokens, the online thieves pledged to give back the money. So far, they've returned about $258 million.

Topic

Prep for ransomware attacks or be ready to pay the price

Ransomware attacks in the U.S. increased 300% in 2020 and cost victims $350 million. Advisers make easy targets because they publicly release AUM and hold some of the most sensitive client data that directly connects to their finances.

Topic

Roaring Kitty and phishing attacks expose cyber headaches for IBDs

Firm leaders understand the cybersecurity threat is real. But have broker-dealers taken appropriate precautions to protect advisers and their clients?

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Broker-dealers brace for cyberthreats

2020 was the year that independent broker-dealers needed to rely on technology more than ever, with home-office staff and a large number of advisers working from home or in remote offices. What if criminals breach a broker-dealer's cyber wall?

Topic

Tips for guarding your devices from cyberattacks

Sophisticated cyberthreats and scams are on the rise, making it more important than ever to protect devices

Topic
  • News
  • October 15, 2020

Robinhood internal probe finds hackers hit almost 2,000 accounts

Robinhood, with more than 13 million accounts, is considering whether to add a customer service phone number

Topic
  • News
  • July 27, 2020

SEI Investments says breach at key vendor exposed customer data

The company serves as a fund administrator for Pimco, Centerbridge and other money managers

Topic

Small firms face greater cyber risks amid pandemic

As experts warn of an uptick in attacks, smaller firms enter a riskier environment with fewer preparations

Topic

Cybersecurity is a ticking time bomb for 401(k)s

Advisers need to understand the issues, the risks and the roles of each of the parties in the 401(k) food chain that handle data, especially participant data

Topic

Retirement plans see rise in cyberattacks

Threats pose new risks for fiduciaries of employer-sponsored plans.

Topic

Financial professionals targeted by sophisticated ‘keylogger’ malware

New computer viruses designed specifically for financial institutions can avoid attack, steal login information and hijack payment transfers.

Topic

A third-party cyber attack is your firm’s problem

Choosing common technology vendors or bigger brands does not remove the RIA's responsibility to clients.

Topic
  • News
  • September 8, 2017

Consumers struggle to get information following Equifax data breach

The credit reporting service disclosed this week that private information for as many as 143 million people had been compromised.

Topic

Ransomware attack underscores importance of cybersecurity

More than 200,000 computers in 150 countries were sidelined.