Cybersecurity: Essential lessons for advisers to share with clients

Three practical tips on client cybersecurity

clock • 5 min read

When it comes to client cybersecurity advisers now bear a significant responsibility to promote awareness and best practices, writes Amanda Jackson...

Customers may now manage their finances in a way that best fits their lifestyle thanks to the move to online financial services. However, these technological developments have made clients more susceptible to fraud and have given rise to new opportunities for cybercriminals. These individuals and groups have successfully evolved their tactics to keep up with emerging financial technology which has led to 41% of high-net-worth individuals becoming victims of financial crime in the past year alone. Concerningly, more than a third of these victims were targeted in the last six months.  ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

AI 'trust gap' causing uptake of robo-advisers to remain limited

AI 'trust gap' causing uptake of robo-advisers to remain limited

Clients still lack trust in the technology, Avaloq finds

Isabel Baxter
clock 20 November 2024 • 2 min read
Advice firms only spending 35% of time on client meetings

Advice firms only spending 35% of time on client meetings

Spending more time on business, compliance and staff development

Isabel Baxter
clock 18 November 2024 • 2 min read
PFS Conference 2024: AI should augment not replace human element in advice

PFS Conference 2024: AI should augment not replace human element in advice

Firms that adopt technology to save time will improve client experience

Jenna Brown
clock 14 November 2024 • 2 min read