Seven Cybersecurity Rules for Financial Advisors

Cybersecurity was a major theme at this year’s T3 Advisor Conference—and for good reason. Financial services are naturally attractive to criminals. In 2017, the sector experienced the highest volume of security incidents and the third-highest volume of cyberattacks across all industries, according to an IBM security report. The same report found that in 2017, more than 2.9 billion records were leaked from publicly disclosed data incidents and ransomware attacks alone cost companies more than $8 billion around the globe. Steven Ryder, president of True North Networks, presented suggestions for mitigating those risks at the 2019 T3 Advisor Conference.