The Securities and Exchange Commission (SEC) recently settled its first cybersecurity-related enforcement action against a Missouri based registered investment adviser, R.T. Jones Capital Equities Management, Inc. (Investment Advisor). The Investment Advisor was censured and fined $75,000 for failing to have acceptable written policies and procedures regarding its customer records and information in place prior to
Fred’s Inc. discloses data breach to SEC
By Linn Foster Freedman on
Posted in Data Breach
In its most recent filing with the Securities and Exchange Commission (SEC), Fred’s Inc. disclosed this week that a security firm found malware in its system that was designed to lift customer credit card information. Although it appears from reports that the hackers may have had access to customer credit card information, the security firm…