The Danger of Revealing Too Much on Facebook...
At Wall Street and Technology's Executive Peer Roundtable on Security Risk this week, delegates pressed financial firms to consider the security threat posed by employees -- or potential employees -- using social networking sites, such as Facebook and MySpace.
It is critical to secure applications and data inside a company, they said. But it is equally important to keep a careful eye on communications between employees and the outside world.
Why TD Ameritrade's Data Breach Is So Worrisome...
Last week, TD Ameritrade became the latest financial firm to hit the headlines after suffering a data breach, with over 6.3m customer records stolen. Other financial institutions have also reported data breaches recently: these include JPMorgan, Fidelity Investments and Ameriprise Financial. These incidents generally stemmed from stolen laptops or careless employees (who, in the case of JPMor
New Security Alert: TD Ameritrade suffers Data Breach, Over 6.3m Records Stolen
TD Ameritrade Holding Corp said contact information for more than 6.3 million customers was stolen after one of its databases was hacked into.
The online broker apologized to its clients and said the breach stemmed from unauthorized code in its systems that allowed hackers to access an internal database. The discovery - and elimination of the unauthorized code - was made by the brokerage following an internal investigation of stock-related SPAM.