By Bruce Kelly
April 11, 2010
LPL Financial yet again has fallen prey to a technology blunder that
placed private client information at risk.
An unencrypted portable hard drive was stolen from the car of an LPL
representative Feb. 24, according to a letter sent last month by LPL to
the attorney general of New Hampshire. The adviser, Christian D'Urso of
StoneRidge Wealth Management in Beaverton, Ore., had one client in New
Hampshire, the letter said.
As a result of the theft, private client information, including names,
addresses, dates of birth and Social Security numbers .may have been
breached,. Marc Loewenthal, LPL's senior vice president and chief
security and privacy officer, wrote in the letter.
This isn't the first time LPL has had to deal with a security lapse
involving one of its reps. In 2007, the firm reported that computer
hackers had compromised the login passwords of 14 financial advisers and
four assistants .
Register now for HITBSecConf2010 - Dubai, the premier
deep-knowledge network security event in the GCC,
featuring keynote speakers John Viega and Matt Watchinski!