About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

New Study from Broadridge Reveals Threats from Data Security Breaches in the Financial Services Industry

Subscribe to our newsletter

Do you share sensitive data with strangers? According to a Broadridge survey of over 200 executives in broker-dealer institutions more than 85 percent of respondents reported data security and the protection of personally identifiable information (PII) are under glaring scrutiny from corporate executives. Broker dealer executives face increasing challenges as they try to protect sensitive client information while tapping into the expertise and efficiencies of a growing number of outside partners and vendors.

“The survey data underscores Broadridge’s belief that broker-dealers are under increasing pressure to develop data protection strategies. Recent high-profile breaches in the financial services sector have elevated the intensity of public debate on protecting PII within the industry, as well as the investor community” stated Mark Schlesigner, Chief Information Officer, Broadridge.

“Even potential vulnerabilities can cause dramatic reputational, financial and operational damage. It no longer is sufficient to focus solely on internal process and technological advancements intended to improve security of sensitive data. An overarching perspective must be taken to protect information that flows through the systems of the enterprise, customers, partners and critical technology vendors”, concluded Schlesinger.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to simplify and modernize data architecture to unleash data value and innovation

The data needs of financial institutions are growing at pace as new formats and greater volumes of information are integrated into their systems. With this has come greater complexity in managing and governing that data, amplifying pain points along data pipelines. In response, innovative new streamlined and flexible architectures have emerged that can absorb and...

BLOG

Rethinking Data Management in Financial Services: Virtualisation Over Static Storage

By Thomas McHugh, Co-Founder and Chief Executive, FINBOURNE Technology. In Financial Services (FS), data management has long been centred around traditional database storage. However, this approach is fundamentally misaligned with the nature of FS data, which is process-driven rather than static. The industry needs a shift in perspective – one that prioritises virtualisation over rigid...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...