Monday 21 December 2015

Cybersecurity touches clients, staff

As technology progresses at a rapid pace, financial services firms are faced with a host of cyberthreats, including email hacking, outdated digital signature models and third-party vendor breaches.

“This information age creates new opportunities for people who are very innovative in crime,” said Aaron Spradlin, chief information officer at United Planners Financial Services.

Cyberattacks have become more common recently, with big names like Sony, Target and even the federal government getting caught in the cross hairs of hackers. The fear among financial services companies is what may happen when cybercriminals target the financial advisory industry. After all, advisory firms are not only the holders of substantial private information, but they are indirectly holding on to assets as well. For the full article click here 



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