Cyber reality check: Are advisors more vulnerable to data breach?

This is a much more common problem than many realize. We hear about the high profile cases, but a report that tracks data intrusions indicates that there have already been 577 breaches in the country this year with nearly 156 million records exposed. It’s particularly frightening to see the sheer number of businesses and financial services companies that are included on THE REPORTED BREACH LIST.  These types of reports are increasingly common since 47 states (plus Washington D.C., Puerto Rico, Guam and the U.S. Virgin Islands) have passed legislation which requires private or government entities to notify individuals of security breaches of information involving PII. Only Alabama, New Mexico and South Dakota have failed to follow suit.  MORE