Anyone who has ever been the victim of identity theft or bank fraud knows how bad the experience can be.
Even if money isn't immediately stolen from an account or purchases racked up on a credit card, the possibility of that eventually happening is something that can haunt people for years.
For investors, the experience can be particularly painful if personal data and information about your investment accounts and assets get into the wrong hands. Securities and Exchange Commission Chair Mary Jo White called cybersecurity the biggest risk to the financial system, noting that stock exchanges, dark pools and clearinghouses historically didn't have adequate systems and policies in place to deal with the threat.