It’s a regulatory and legal issue with real consequences for advisers, who shoulder the blame and fallout even if the firm didn’t cause the data breach through any action of their own.”
Suleman Din, Managing Editor, Financial Planning |
Summary: The stern words of a former FBI agent planted the idea for this month’s issue on cybersecurity. At last year’s FSI OneVoice conference, Clyde Langley, a former agent who’s now vice president of Schwab’s fraud prevention and investigations unit, told a room of worried executives that hackers were probably lurking in their firm’s systems.
It’s a regulatory and legal issue with real consequences for advisers, who shoulder the blame and fallout even if the firm didn’t cause the data breach through any action of their own.”
Suleman Din, Managing Editor, Financial Planning |
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