When it comes to financial services, such as financial advisers and financial planners, cyber security, i.e. IT security, is critical. Not only is your own business and profit on the line, but so are the finances of all of your customers. A break in security could be the downfall of your entire business, with no immediate comeback available.
Financial service providers are often victims of cyber attacks due to the sheer amount of value they hold. Not only does an attack give the attacker access to money in general, but also to the financial information of the clients’ accounts into which they’ve hacked. Proper Financial IT Security keeps these breaches from happening, thus ensuring the privacy and protection of your clients. With that promise of protection in place, your clients will feel safer, and more inclined to recommend that their friends do business with you too.
Up-to-date security is essential in the financial services business. With malware and viruses being constantly created and updated to work around existing firewalls, it’s increasingly important to keep your network security in line. Your IT Provider should be consistently monitoring and updating your firewalls and servers, helping to protect your business at all times.
Did you know the greatest threat for Financial IT Security is already inside your doors? Training your staff to recognize a cyber attack is crucial to running a financial services group, as a high percentage of breaches happen with employee help, usually unwittingly. The more trained your staff is in recognizing discrepancies in accounts, or malware attacks in general, the safer your network security will be, keeping your clients data private.
It’s important that your business is protected from cyber attacks at all times. If you have any questions regarding cyber and IT security, feel free to contact us. We’d be happy to talk it over with you.