10 ways advisers can improve their cybersecurity
Hackers seeking to gain entry into a computer system look for the weakest link. Poorly constructed passwords and unencrypted data, for example, give cybercriminals a point of entry. So do shared passwords and untended computers that don't lock automatically after a set number of minutes.
The first step in protecting an advisory firm from cyberthreats involves understanding its technology systems so that a strong privacy policy can be tailored to the firm, according to Mr. Stanley.
“Don't forget the simple things,” he advised. “Use passwords and lock your computer screens. Writing your password on a Post-It note attached to your computer defeats the purpose. It's crucial to understand your system and how you're set up.”