Incident Response Archives - Elteni

Is your investment adviser business ready to deal with coronavirus?

Elteni LLC — Fri, 28 Feb 2020 18:37:09 +0000

When you hear coronavirus, what emotions does it invoke? Does it invoke any emotions whatsoever? Or is it just another thought that you pushed to the back of your mind? As an investment manager you are probably concerned about how it affects your portfolio, but have you thought about how it can affect your people

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Brokerage firm pays $1.5 million due to a cyber attack

Elteni LLC — Mon, 16 Sep 2019 11:59:06 +0000

Phillip Capital Inc. ("PCI")., a Chicago-based brokerage firm was ordered to pay $1.5 million dollars due to a cyber attack. Per the CFTC, PCI allowed "cyber criminals to breach PCI email systems, access customer information, and successfully withdraw $1 million in PCI customer funds." The order also finds that "PCI failed to disclose the cyber

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New York State SHIELD (Stop Hacks and Improve Electronic Data Security) ACT

Elteni LLC — Tue, 30 Jul 2019 16:23:45 +0000

New York State SHIELD (Stop Hacks and Improve Electronic Data Security) will go into Effect March 21, 2020. This gives businesses a little less than nine months to become familiar with it and prepare for it entails. What is the SHIELD Act? The Stop Hacks and Improve Electronic Data Security (SHIELD) Act redefines data security

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