In the wake of recent high profile data breaches, cybersecurity is front and center for clients, advisors and regulators with an increased focus on adequate protections for client data.
In addition to concerns about the data breaches at large companies like JPMorgan Chase, Target and Home Depot, advisory firms are also facing pressure from Washington. In April the the SEC issued a risk alert warning advisors that it will be assessing their cybersecurity preparedness.
As advisors look to allay clients' as well as their own fears of a breach, we've compiled 10 best practices for advisors to better protect client data. You can read more about these tips in the full stories here
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