Cybersecurity
Get the latest news and insights on cybersecurity regulations affecting financial advisors, broker-dealers, RIAs and others in the financial services industry.
Allianz Life Breach May Affect Majority of Company's 1.4M Customers
By Allison BellThe life and annuity issuer believes the attacker used trickery to get into a cloud-based customer information database.
March 06, 2025
The IRS Dirty Dozen: Beware of These 12 Tax Scams in 2025From texting scams to fake tax credits, there's a lot for advisors and clients to watch out for.
February 28, 2025
Citi Erroneously Credited $81 Trillion to Client Account: ReportThe bank made the error, which it fixed, when trying to transfer $280, according to the Financial Times.
February 20, 2025
SEC Launches New Cyber Unit to Combat FraudThe Cyber and Emerging Technologies Unit replaces the Crypto Assets and Cyber Unit.
February 11, 2025
SEC X Account Hack Over Bitcoin ETF Post Leads to Guilty PleaThe hack involved a fake social media post announcing the authorization of the first-ever spot Bitcoin ETFs.
January 16, 2025
As Wire Fraud Claims Rise, Advisors May Find They Aren’t Properly InsuredAn advisory firm needs to protect itself to ensure that it isn’t on the hook for these liabilities.
January 14, 2025
Ex-Intern Waged Smear Campaign Against Raymond James, Suit AllegesPhony email campaigns suggested two employees were convicted rapists with neo-Nazi ties, the firm's defamation suit says.
January 10, 2025
Fake WisdomTree Execs Duped Over 1,000 Investors: LawsuitThe fraudsters falsely claimed they hosted a conference with Fidelity, Goldman, BlackRock and Vanguard, WisdomTree's lawsuit contends.