What steps have you and your team taken to address cybersecurity risk?

Recent CoreData research suggests advice practices could lose at least 13% of business in the aftermath of a cybersecurity incident. In light of this alarming figure, I want to know what steps have y...

practice management

technology

anne.graham

Advisely Board

2 years ago

Hi alexander.klomp - our business undertook a cyber security audit by Fraser.Jack 's team last year and it was a very thorough process. We have implemented many of the recommendations made including ongoing staff training and awareness. The feedback from IT providers was interesting as they learned some things they didn't know about and are now spreading the word amongst their other business clients. My two biggest concerns in the business are looking after our team and the risk around cyber and to say we are vigilant is an understatement.

alexander.klomp

Iress Contributor

2 years ago

That's great feedback Anne!

Making sure people (both team and clients!) keep cyber risks front of mind is such an important step! And doing the IT audit is so necessary.

Has your team done or considered sharing any cyber tips/content with your clients?

anne.graham
Advisely Board
2 years ago
Thanks alexander.klomp - we do share tips with clients, and they are often a result of the regular training we do which keeps things front of mind. We have clients now contacting us if they get a weird text or odd email - 100% it's spam or a bit suspicious. The hardest thing is to convince people not to email us their bank details or TFN!! We do use a portal but breaking old habits can be a challenge.