PHL largest online stockbroker reports “possible system breach” but assures “integrity” of clients’ “account balances, stock positions”

(Eagle News) — The country’s biggest online stockbroker firm on Friday reported a “possible breach in its system involving some personal client information.”

In an e-mail to its clients, Col Financial assured its over 200,000 clients, however, of the “integrity of (their) account balances and stock positions.”

It also assured them that their “account transactions have not been compromised.”

“In addition, we have internal control procedures that prevent unauthorized withdrawals from your account,” it said.

It noted that while the breach has not been confirmed, “we have taken action to further strengthen the security of our systems.”

“We also recommend as a standard practice that you regularly change your password,” it added.