Skip to content
Close
SEARCH
Cybersecurity concept
Harley LippmanNov 15, 20181 min read

Harley Lippman Shares Cybersecurity Insight with Media

Reporting on a recent data breach at a financial firm, Investment News turned to Harley Lippman, Founder and CEO at Genesis10, for his cybersecurity insight.

The firm, LPL Financial, is taking steps to safeguard financial advisers and their clients whose names, addresses, account numbers and Social Security numbers were exposed in a recent data breach. The broker-dealer is investigating the matter and providing affected investors with free credit monitoring and identity protection services.

Harley Lippman Cybersecurity Insight to InvestmentNews

Capital Forensics Inc., a company that provides data analytics to aid firms in litigation, regulatory, compliance and fraud matters, discovered on November 1 that an unauthorized person gained access to a third-party file-sharing system it uses. The person was able to access data files belonging to several of Capital Forensics' clients, including LPL.

In the article, Lippman said that without knowing more specifics about the breach, it's tough to determine whether LPL, Capital Forensics or both companies are vulnerable to enforcement actions, and that he believes firms like LPL need to do more rigorous penetration testing to identify where data can be accessed on their third-party systems.

"A cybersecurity company should try to break into the system, try every which way to hack into it and see where the weaknesses are," Lippman said. "That's basic, but not every cybersecurity company does that."

Genesis10, with its strategic partner, HolistiCyber, provides clients with the complete range of security assessment services, technical tools, and talent acquisition services.

InvestmentNews is the leading source for news, analysis and information essential to the financial advisory community.

 Read the article, LPL providing credit monitoring, identity protection to investors exposed by data breach, at InvestmentNews.  

Learn more about Gensesis10’s Cybersecurity Solution and for practical insights, check out the blog, Practical Insights for Cybersecurity.

Engage with Genesis10 - Contact Us

 
avatar
Harley Lippman
Harley Lippman is the Founder and CEO of Genesis10, a national leader in technology workforce solutions. Since launching the company in 1999, Harley has grown Genesis10 into one of the largest IT consulting firms in the United States. Prior to founding Genesis10, he was the sole owner and founder of Triad Data Inc., an IT consulting firm he successfully built and later sold.
Harley’s leadership extends beyond business. He serves on the boards of leading business, academic, and policy institutions. His appointments include the U.S. Agency for International Development’s Partnership for Peace Advisory Board, where he helps advance efforts to foster trust and cooperation between Israelis and Palestinians. He has also served, by presidential appointment and Senate confirmation, on the U.S. Commission for the Preservation of America’s Heritage Abroad under multiple administrations.
He sits on the boards or advisory councils of Yale University’s School of Management, Columbia University’s School of International and Public Affairs, the Brookings Institution, The Washington Institute, the Middle East Forum, and the American Israel Public Affairs Committee (AIPAC), where he serves on the Political Leadership Council and Executive Committee.
Previously, Harley served as public director of the New York Mercantile Exchange and held leadership positions with the American Jewish Congress and the America-Israel Friendship League.
A committed philanthropist, Harley is the sole financial supporter of an orphanage in Cambodia, where he has helped dozens of children access education and opportunity, including funding college tuition for many. He has also led efforts to identify and memorialize unmarked Holocaust mass graves in Eastern Europe, helping preserve the memory of those lost. His documentary, Safeguarding Memory, aired on PBS and received two awards for its impact and storytelling.
Harley continues to combine business leadership with civic responsibility, making lasting contributions to the fields of technology, education, diplomacy, and remembrance.

RELATED ARTICLES