Security

Three Data Security Best Practices For Financial Advisors

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Here are three important data security tips for financial advisors. They could save your butt.

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Microsoft Needs To Come Clean On Skype Privacy

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In an open letter addressed to Skype president Tony Bates, Microsoft chief privacy officer Brendon Lynch and Microsoft general counsel Brad Smith, the Electronic Frontier Foundation (EFF) and others criticized Microsoft for its "persistently unclear and confusing statements about the confidentiality of Skype conversations," especially whether or not repressive governments and other organizations can monitor Skype conversations.

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Homeland Security Is Advising Computer Users To Disable Or Uninstall Java

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On Sunday, January 13, 2013 Oracle released update 11 for Java 7. This newest update was suppose to have fixed the Zero Day flaw, which hackers are exploiting to secretly install malware on an unsuspecting users computer. Once you unknowingly visit a compromised website the malware is installed on your machine allowing these cyber criminals to steal your identity or make your computer part of a network used to attack other websites.

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Financial Advisors Be Aware; Cybercriminals May Be Posing As Your Clients!

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In recent months there has been an increase in incidents in wire fraud, identity theft and phishing scams. Emails from compromised email addresses of clients are being sent to their financial firms in an attempt to gain access to the client’s financial accounts. So far the FBI and FINRA have estimated the losses of the victims to be $6 million.

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State Employee's Stolen Password Led to South Carolina Tax Department Breach; State Was Not Encrypting Taxpayer Info

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A password stolen from a state employee allowed a hacker to breach the South Carolina tax system earlier this year, exposing records of more than 3.8 million individual and 700,000 business tax filers.  

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