Data security

A recent OCIE report shows that advisors are missing the mark on protecting their businesses against cyber threats.

The bank’s attorney who mistakenly released reams of sensitive data about wealthy clients asked a judge to order the records returned and not to be spread any further.

Regulators are contacting the bank after financial details of some 50,000 clients were inadvertently sent to an outside party, according to a person with knowledge of the matter.

Are the measures you're taking enough? Compliance expert Alan J. Foxman explains.

Some advisers are actually embracing changes by making the rules work for them.

Even as the agency refines its approach to spurring good cybersecurity practices in advisers, its expectations aren't slackening. Here’s what to expect.

RIAs using digital platforms will face scrutiny about disclosure and client communications.

Facial recognition software is more efficient and accurate than any questionnaire, says the IBD's chief executive, Robert Moore.

The firm says its external backup system failed at the same time its main internet connection was cut, raising concerns.

The OCIE is suggesting best practices for firms to protect themselves.

In 2016, the SEC brought a record 868 cases, including 173 against broker-dealers and advisers and 159 against investment companies.

On the heels of a record-breaking year in enforcement, the regulator takes aim at cybersecurity, anti-money laundering policies and protection for senior clients.

If employees are not properly trained, no amount of spending can prevent a breach, according to cybersecurity expert Jonathan Hard.

It’s important for all advice firms to have an information security strategy in place that safeguards company and client data wherever it resides.

Who’s responsible for a digital problem caused by a third-party program? Not the vendor.

Why advisers need to pay close attention to technology vendor contracts.

‘Hey, you, get off of my cloud.’ What wealth managers should know about the risk-reward of cybersecurity.

The long-running feud between banks and fintech companies over screen scraping is morphing into a more nuanced and important conversation about how to exchange consumers' financial data securely and fairly.

Advisers have been warned: SEC's exam guidance to focus on cyber threats and issues involving seniors, leaving little excuse for noncompliance.

The regulator plans to ramp up scrutiny of bad brokers and electronic communications, among other new measures.