Money transfer app Duc exposed thousands of driver’s licenses and passports to the open web
Action Required: Financial advisors should review their current cybersecurity protocols, conduct thorough due diligence on all third-party vendors handling client data, and ensure robust data protection measures are in place for any technology adopted, including AI solutions.
A money transfer app experienced a significant data breach, exposing sensitive client information due to an unsecured server. For financial advisors, this highlights the critical need for stringent cybersecurity protocols and thorough due diligence when adopting any technology, including AI tools, to protect client data and maintain trust.
Read full article at techcrunchWant the full daily Briefing?
30 stories like this every day, with Action Required call-outs and direct lines to ask Aria — finsay's AI compliance assistant.
Try free for 14 daysRelated stories
- Taylor Swift Wants to Trademark Her Likeness. These TikTok Deepfake Ads Show Why
AI-manipulated deepfake videos of celebrities are being used by scammers to trick individuals into sharing personal data. Financial advisors…
- LPL Claims Hackers Accessed Client Accounts Through Advisors’ Devices
LPL Financial reported a cybersecurity breach where hackers gained access to client accounts through advisors' compromised devices, leading …
- Hackers are abusing unpatched Windows security flaws to hack into organizations
Hackers are actively exploiting newly disclosed vulnerabilities in Windows Defender, posing a significant cybersecurity risk to organization…