The Financial Industry Regulatory Authority fined D.A. Davidson & Co. $375,000 for failing to protect confidential customer information that hackers stole from its computer systems in late 2007, but credited the firm for its response to customers after it learned of the breach and for cooperating with criminal law enforcement agencies.

FINRA announced the settlement yesterday. The Great Falls, Mont.-based firm agreed to pay the fine without admitting or denying FINRA’s findings, which revealed that some 230,000 client accounts were breached, 192,000 of which were for individual customers. The rest were corporate and other types of accounts, FINRA said.

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