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Do Or Do Not, There Is No Try (With Third-Party Data Security Features)

Samuel Steinberger | WealthManagement.com, May 2019
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Summary: Just because a firm has the ability to password-protect, encrypt or implement other security features to protect its data, doesn’t mean the firm is actually taking those steps. That’s the observation being shared by the SEC in its most recent risk alert, which covers safeguarding customer records and information in network storage.

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