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Cybersecurity

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Deepfake Imposter Scams Are Driving A New Wave Of Fraud

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The proliferation of scam tech has alarmed regulators, police and people at the highest levels of the financial industry.

Cybercriminals Are Coming To Get Your Clients' Assets

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Cyber threats and what wealth managers will be forced to do about them will disrupt the industry.

The Silent Killer Lurking For Advisors

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Custodians and broker-dealers place the onus of cyber theft on advisors and their clients.

Is The SEC Engaging In RIA Regulatory Overkill?

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The IAA wants the agency to consider the ramifications of a raft of new proposals.

The Silent Killer Lurking For Advisors

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Custodians and broker-dealers place the onus of cyber theft on advisors and their clients.

Voice Cloning Creates Massive New Cybertheft Nightmare

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Voice cloning by cybercriminals creates a variety of financial and regulatory risks for wealth managers.

Custodians Have Fired RIA Firms With Poor Cybersecurity As Hacking Rises

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Dealing with a hacked account is very costly and time consuming for custodians.

Advisors Will Be Held Accountable For Client Cybertheft, Mark Hurley Says

by FA Staff

Cybertheft is $10.5 billion business that is bigger than the global drug trade, said Digital Privacy & Protection CEO Mark Hurley.

Biden's Cyber Plan Would Hold Software Makers Responsible For Hacks

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U.S. officials have publicly complained that tech companies have failed to sufficiently secure user accounts.

Can ChatGPT Replace Advisors?

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Industry CEOs at FSI OneVoice said the new AI chatbot could give advisors a run for their money.

Wall Street's ChatGPT Nightmare Is Over Before It Starts As Banks Crack Down

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Several big financial firms have compliance concerns over their employees' use of the ChatGPT AI tool.

JPMorgan Restricts Staff's Use Of AI-Powered ChatGPT Bot

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The artificial intelligence software has become an internet phenomenon in recent months.

ChatGPT Will Lead To Layoffs, But Traders Say They Will Be Fine

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Surveyed financial workers didn't view their own jobs as being at risk by AI any time soon.

Citadel's Griffin Sues IRS For Failing To Protect His Financial Data

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Ken Griffin is seeking financial damages over a data breach, claiming the IRS didn't protect his information.

Fintech Pivots To Prepare For An M&A-Laden Future

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More mergers means there's going to be more clashes between advisors' favorite tech stacks.

Fighting Financial Fraud Costs More Every Day, LexisNexis Says

by FA Staff

The price tag for trying to stop fraud adds up to more than what the fraud nets, the firm's annual study concluded.

The ‘Next Warren Buffett' Curse Isn't Always Fatal

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Crypto billionaire Sam Bankman-Fried couldn't survive the comparison.

Rising Wealth Demands Vigilance Against Fraudsters, Cyber Security Execs Say

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Protective measures need to be taken as the number of wealthy households increase, they said.

Step Up Your IT Security Game

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Is your RIA maximizing all the enterprise security tools available?

Millennials Are Richer And Want Advice

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A Cerulli report says that millennials now tripping into the mass affluent category want help.

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