Instant Insights / Get Ready for Increased Cyberattacks

There's a greater risk than market volatility for advisors

Here are steps you can take to help protect your clients' data from 3 big risks facing financial services firms.

By Manuel Balderas | December 23, 2021 at 08:02 AM

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For RIAs, the biggest risk heading into 2022 isn’t stock market volatility. A much greater risk lies in cybersecurity.

Online attacks increased threefold over the last year, according to Akamai Technologies. Of the nearly 6.3 billion web attacks globally in 2020, over 736 million targeted the financial services sector.

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