Mutual Fund Company Asks Clients To Change Passwords Amidst Virus

American Funds, one of the largest US mutual fund companies with 20 million investors sent emails to 825,000 of these clients a letter to change their computer usernames and passwords due to the threat of the “Heartbleed” internet virus.

Financial services dependent on technology

Financial services firms go to great lengths to secure their technology but nonetheless even the most sophisticated technical setups are vulnerable.  While the firm had “no information to suggest that investor passwords or account information had been compromised,” the mutual fund provided the advice...