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Progress Software Advises ShareFile Customers to Shut Down Self-Managed Storage Zone Controllers Due to Credible Security Threats

Data Breach Today released an article regarding Progress Software issuing a security alert urging organizations that use self-managed ShareFile Storage Zone Controllers to immediately shut down those systems due to a credible external security threat.

Settled Charges for Investment Adviser Representative for Failing to Disclose Conflicts of Interest

On July 13, 2026, the SEC announced settled charges against a former registered investment adviser representative (“IAR”) for failing to adequately disclose conflicts of interest in connection with advisory clients’ investments.

SEC Forms New Retail Fraud Working Group

On July 7, 2026, the SEC announced the creation of the Retail Fraud Working Group designed to strengthen the Division of Enforcement’s efforts to identify and combat fraud targeting everyday investors. The group will focus on identifying offering frauds, pump-and-dump schemes, market manipulation, and breaches of duties to customers by investment advisers and broker dealers.