Cybersecurity Archives | Page 7 of 7

TradePMR Outlines Cybersecurity Challenges, Risks Faced by RIAs in New White Paper

TradePMR has published a new white paper for Registered Investment Advisers (RIAs) which addresses a critical issue facing the industry: cybersecurity. The report titled, “Understanding Cybersecurity and Mitigating Risk,” discusses the history of cybersecurity regulations, components of an effective RIA cybersecurity program, and the potential impact proposed legislative changes could have on a firm’s cybersecurity...

April 4, 2023By John O'ConnellArticleCybersecurity, Practice ManagementRead more...

John O’Connell Interviewed by WealthManagement.com at the 2023 T3 Conference: Cybersecurity Adoption Among Advisors Remains Low and It Needs to Change

John O’Connell of the Oasis Group offers advice on how to approach the cybersecurity challenge in the wealth management industry in this video interview with WealthManagement.com at the 2023 T3 Technology Conference.

March 27, 2023By John O'ConnellNews, VideoCybersecurity, Practice Management, Risk Management, Wealth ManagementRead more...

Cybersecurity Adoption Among Advisors Remains Low and It Needs to Change

Cybersecurity adoption is still low among advisory firms, but it’s critical for all organizations—large and small. John O’Connell of the Oasis Group offers advice around how to approach the cybersecurity challenge.

March 27, 2023By John O'ConnellVideoCybersecurity, Risk ManagementRead more...

Understanding Cybersecurity and Mitigating Risk

As the financial advisory industry has become increasingly digital, the threat of cyberattacks and data breaches has significantly increased. A set-it-and-forget-it approach to cybersecurity is no longer sufficient for modern registered investment advisors (RIAs).

March 10, 2023By John O'ConnellWhite PaperCybersecurity, Risk Management, Wealth ManagementRead more...

US warns of potential Russian cyberattacks on wealth managers

The Department of Homeland Security has set up a page warning of cyberattacks emanating from Russia, and both the SEC and FINRA echoed those concerns in notices to the public.

March 1, 2022By John O'ConnellNews, SpeakingCybersecurity, Wealth FintechRead more...

Financial Advisors can learn from T-Mobile’s data breach

Millions of current, former, and prospective customers’ personal data has been compromised by the highly sophisticated cyberattack against T-Mobile systems. Learn what financial advisors should do to be proactive to protect their clients after the cyberattack.

August 18, 2021By John O'ConnellNews, SpeakingCybersecurity, Wealth FintechRead more...

Ransomware on the rise and the risks to Financial Services firms

Prep for ransomware attacks or be ready to pay the price. Ransomware attacks in the U.S. increased 300% in 2020 and cost victims $350 million. Advisors make easy targets because they publicly release AUM and hold some of the most sensitive client data that directly connects to their finances.

June 30, 2021By John O'ConnellNews, SpeakingCybersecurity, Wealth FintechRead more...

Investment News Tech Stacks: Ransomware Risk Should Spark Policies and Planning

John joins Nicole Casperson as he discusses the risks of ransomware and how this rising threat should spark planning for wealth management firms and policies from their technology teams. Investment News, Tech Stack$, Fintech for Advisors podcast. Listen Now

June 29, 2021By John O'ConnellSpeakingCTO Field Guide, Cybersecurity, Risk ManagementRead more...

Putting a Price Tag on Ransomware Attacks

Ransomware attacks are on the rise, and John O’Connell of Oasis Group points out that the costs for businesses can include not just the ransom, but reputational damage or even having the data of the company or its clients sold on the dark web. investmentnews

June 23, 2021By John O'ConnellNews, VideoCTO Field Guide, Cybersecurity, Risk ManagementRead more...

The Colonial Pipeline Ransomware Attack: A Wake-Up Call for Wealth Managers

Ransomware attacks soared 158% in North America last year and 300% in the US. Ransomware industry growth driven by remote work, inadequate training, and rising cryptocurrency prices. Wealth management firms can be attractive to ransomware groups. The recent ransomware attack by DarkSide on the Colonial Pipeline highlights how crippling ransomware attacks can be on a...

May 18, 2021By John O'ConnellWhite PaperCTO Field Guide, Cybersecurity, Risk ManagementRead more...

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