Trading firms are good at dealing with volatile markets, but hackers are a whole different challenge.
FINRA is warning members again. This time it's about an incredibly real-looking (but fake) FINRA website.
New York State is enforcing its 2017 Cybersecurity law for financial services companies. And it looks expensive.
In response to elevated Ransomware attacks, the SEC issued a cybersecurity warning to brokers and investment companies.
Cyber criminals are impersonating real FINRA officers to launch Phishing attacks.
This week, the SEC's Office of Compliance Inspections and Examinations (less frighteningly, the "OCIE") put out its report on Cybersecurity and Resiliency Observations. Before you take a nap, stick with me for 30 more seconds to get the goods. OCIE has highlighted information security as a key risk for security
The FDIC responded to increasing geopolitical risks (i.e. Iran post-Soleimani), with a statement "to remind supervised financial institutions of sound cybersecurity risk management principles." Financial institutions have recently faced fines and sanctions for avoidable cyber attacks. [Criminals] often obtain access to financial institution systems and networks by compromising user
A financial advisor with mega-bank UBS was fired and fined after falling for a Phishing scam. In October 2018, William Darby received a legitimate-looking email requesting a sizable cash disbursement from a large client's account. It was later determined that the client's email account had been hacked, and Mr. Darby