In the first part of this series, SC Media examined the increasing threats facing financial advisers. Here, we examine the particular factors that may place financial advisers in a more precarious position, ultimately leading to lost business, customer attrition, lost revenue, systems outages and a struggle to win over new customers.
Security awareness training ramped up among FSIs large and small, as a means to prevent cyber-intrusion particularly as many struggle with infrequent customers access and hold very critical financial data. For this final piece in a three-part series examining the threats and challenges facing financial advisers, SC Media looked at such tactics as a means to improve the state of play.