By Carrie Hansen | January 20, 2021
With cybercrime up and the FBI urging heightened vigilance during COVID-19, it’s imperative that financial advisors brush up on all the ways they must protect client data.
Protecting sensitive information is particularly challenging for advisors. Two-thirds of the advisory profession consists of independent advisors running small businesses. Since they don’t benefit from the dedicated IT resources of bigger corporations, the task of securing an organization often falls on business owners. Many don’t know where to start.
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