BlackRock exposes critical information on 12,000 advisers via iShares site

BlackRock, the largest asset manager in the world, exposed critical information about thousands of financial advisers who work with the firm as well as internal sales representatives. Bloomberg revealed that confidential data on 12,000 financial advisers included the amount of client money each adviser had under management in BlackRock’s iShares ETF.

The information was revealed via a set of three spreadsheets that BlackRock exposed on one of the company’s iShares-related information site. The links are dated as of December 5, 2018, and were removed soon after Bloomberg viewed them last week.

Original source

Add comment

Please Sign in to be able to leave comments.