Cybersecurity for Broker-Dealers

As technology continues to advance and broker-dealers become increasingly more dependent on it, the topic of cybersecurity has been pushed to the forefront in the financial industry.  The nature of the industry requires broker-dealers to maintain records of client sensitive information including, but not limited to the following: account numbers, social security numbers, licenses, and  financial condition.  If any of this information is compromised from an outside source, not only will the investor suffer but the broker-dealer may also suffer. Read More…