How to protect brokerage accounts from hackers

02/13/2014 | New York Times (tiered subscription model), The

Hackers are now using client e-mail to divert funds from brokerage accounts. This article recommends that advisers and firms put protections in place for clients' accounts, since regulators may hold firms responsible for the breach. Safeguards include requiring verbal confirmations of e-mail fund-transfer requests and employing caution in using public networks and choosing account log-in information.

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New York Times (tiered subscription model), The

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