Data security

The regulator found that the financial services company failed to take precautions in disposing of hardware that contained sensitive customer information.

The custodian’s NetX360 desktop now supports biometric authentication.

The pandemic and work-from-home arrangements are probably spurring larger budgets.

Current and former clients claim personal information, including Social Security and passport numbers, have been exposed due to negligence.

The COVID-19 pandemic has infected the service’s annual list of top tax scams.

U.S. officials have raised questions about the security of TikTok, which is owned by Chinese company ByteDance.

In a new twist on an old scam, cybercriminals have tried to get thousands of people to surrender their Wells bank account information by sending authentic-looking emails containing malicious links that lead to a fake website bearing the company's name.

Mobile banking use has swelled since the pandemic hit, and law enforcement officials expect hackers to target the credentials of digital novices. The FBI stressed the importance of two-factor authentication and ensuring consumers know how to spot fake apps that carry malware.

The hackers claim to be officers from the regulatory agency who have documents requiring immediate attention.

Without centralized IT protocols RIA cyber fraud scenarios are taking on new and nightmarish dimensions — but there are ways for firms to defend themselves.