Experts on Internet security say it’s a troubling error.
“It certainly raises questions as to whether they are properly safeguarding customers’ information,” said John Reed Stark, a Maryland-based consultant who is former chief of the SEC’s Office of Internet Enforcement.
“The SEC has made it clear that protecting customer information is a priority,” Stark said. “I would think this rises to the level of a for-cause exam.”
via Vanguard Says Sending 71 Account E-Mails to Wrong Investor Was ‘Isolated Matter’ – TheStreet
