May 232019
 

Financial Advisor IQ reports:

Some financial advisors using Redtail Technology’s client relationship management software may have had their clients’ personal data exposed on the internet, according to news reports.

Redtail told affected advisors in an email that it learned on March 4 about a data breach that led to its logging systems capturing some investor data and putting it in a file accessible to anyone on the internet, according to InvestmentNews, which obtained a copy of the email. The data included clients’ names, physical addresses, dates of birth and Social Security numbers, the publication writes.

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