Data Storage and Cybersecurity Best Practices
Broker Dealers and Registered Investment Advisors (“RIAs”) live in a time of data threats from all angles. The financial services industry is faced with many unique requirements for storing sensitive client data for extended timeframes, and by doing so, the industry has become a primary and lucrative target for scammers. The following practices help ensure that access and data integrity is controlled and tracked properly. Cybercriminals are constantly developing new ways to infiltrate systems, and the only way to mitigate the threat is to keep evaluating what your broker dealer or RIA can control and improve what it cannot control Read more about Data Storage and Cybersecurity Best Practices[…]