Because the average investment account boasts a much larger balance that a typical checking or savings account, cybercriminals are particularly interested in hacking them. Financial institutions are largely responsible for ensuring the security of these accounts, but business customers and consumers also should adopt defensive measures. Here are five recommendations.
Protecting investment accounts takes a multi-layered approach — and constant vigilance. Although your financial service provider likely uses state-of-the-art security to fend off cybercriminals, you also must do your part.