Ransomware incidents are up 300% in the past year and remain a top cyber threat as attacks continue to surge against the financial sector. Implementing cybersecurity technical controls is the best defense against ransomware attack.…
FCI
Link to: Schwab IMPACT 2021 Brian Edelman joins Schwab Advisor Services for IMPACT 2021 providing cybersecurity expertise in an educational session: Cybersecurity Landscape and the Benefits of Insurance on October 20, 2021 @ 11:00AM…
Link to: What the SEC Cybersecurity Crackdown Means for Financial Advisers Recent SEC Enforcement Actions against eight financial firms for violations of cybersecurity safeguards is a clear signal that implementation of cybersecurity controls is paramount for protection and to avoid penalty. In discussion with Ebix, Brian Edelman, Cybersecurity Expert and FCI CEO, shared that “Broker-dealers and financial institutions have…
Link to: CYBERSECURITY AND THE FINANCIAL PLANNING PROFESSION: KEEPING DATA SAFE AND PROTECTING YOUR CLIENTS Responding to the surge of cyberattacks on the financial sector, the CFP Board has published an article underscoring the…
As firms face an increased rate of sophisticated cyberattacks, there is no better time to execute a Cybersecurity Risk Assessment. Proactive vulnerability scans and network penetration testing of your environment allows for risk identification and…
Link to the article: The Increasing Importance of Cybersecurity for Registered Investment Advisors 3iCO is a NY based provider of Independent Compliance Officers for Independent Investment Advisers and Private Funds. As compliance and legal professionals,…
Phishing remains a leading cybersecurity threat as cybercriminals use increasingly sophisticated tactics to obtain private data by exploiting human behavior. Posing as a known contact or trusted organization, phishing aims to trick users into providing…
Link to CNBC FA Summit: The Innovative Advisor On June 29, 2021, the CNBC Financial Advisor Summit brings together forward-thinking advisors to hear from industry heavyweights about the state of the markets and to learn new…
When working remotely or traveling, best practice for securing data across the internet is use of a business-grade firewall with a gateway VPN (Virtual Private Network) that enables encrypted internet connection from anywhere in the…
Encryption is a vital cybersecurity safeguard that protects data while at rest on your device and in transit across a network. Made possible by cryptography, the technique of applying an algorithm to scramble data in…
Plan Sponsors gain peace of mind using a NIST-based, SOAR offering to ensure cybersecurity guidance BLOOMFIELD, NJ, May 20, 2021: New regulations often drive compliance for cybersecurity. One of the latest comes from the…
Cybersecurity regulations require that you use a currently supported Operating System (OS) version. OS software has a lifecycle defined by the manufacturer during which critical security updates are issued. When an OS approaches “end of…
Link to Finseca.org Selected for his expertise in cybersecurity within the Financial Services industry, Brian Edelman, FCI CEO, shares key considerations for maintaining cybersecurity during unprecedented times in this thought leadership article featured by Finseca.…
When it comes to audit preparedness are you a Cyber Ant or Grasshopper? If you don’t have a strong cybersecurity program and safeguards in place by the time Regulators come knocking, it’s already too late.…
Especially given the last year, we must stop segregating home, traveler, and office users and instead treat all users the same way. The high-level of security you had in the past for office users should…
In the event of an Audit or Breach, you may be required to demonstrate a list of your assets and their cyber posture. Your NIST-based Asset Inventory Report documents endpoints and their cyber settings, cyber…
When reviewing cybersecurity regulation requirements, you may think the expectation is to achieve perfection but what Regulators and Authorities want to see is continual improvement of safeguards rather than an end unto itself. Your cyber…
The confusion related to “DLP” is fueled by the fact there are two definitions of the same acronym, Data Leakage Prevention and Data Loss Protection, which are often interchanged as Data Leakage Protection and Data…
One critical but simple action to significantly improve cybersecurity & system performance is routine System Reboot. As a best practice and as required by some regulations your operating system and antivirus should be maintained as…
Link to Finseca.org Join Finseca, Brian Edelman, CEO of FCI, and Jeff Reed, CISO of Advantage Insurance Network, for “Cybersecurity in 2021: New Threats, Resources and Regulatory Strategy” the first webinar of an exciting Finseca…
The best way to minimize risk when working with a vendor that handles your private data in providing service to you is to perform Vendor Risk Assessment, which requests demonstration of the same safeguards and…
Link to MSPAlliance News MSPAlliance, global industry association and accrediting body for the Cybersecurity, Cloud Computing, and Managed Services Provider (MSP) industry today announced news citing Brian Edelman, FCI CEO in its Press Release:…
Brian Edelman, CEO, FCI Link to the article “Continuing the trend identified this year; consumers are likely to experience more personal cybersecurity breaches in the new year.A data breach can swiftly change everything. Once…
Link to the article PUBLISHED MON, DEC 7 202012:14 PM EST Cyber criminals steal billions of dollars a year from financial firms. Financial advisors – and their clients – are at risk as attacks increase…
Data Breaches are costly. Did you know that 60% of firms go out of business within 6 months of experiencing a breach? Damage ranging from significant financial loss to lasting destruction of your firm’s reputation…
Think you’re saving money on your Smartphone data plan by utilizing free WiFi? Think again. Smartphone data is most secure when kept within your provider’s network. The moment you change your network to free WiFi…
Certificate program to help financial planners protect their data, practices, and clients DENVER (November 12, 2020) – Financial services firms are reportedly hit by security incidents 300 times more frequently than other businesses, according to…
Your private data or user credentials could be for sale on the dark web right now put there by cybercriminals who work around the clock to exploit weaknesses in cybersecurity. Cybercrime has significant negative impact…
Selecting a cybersecurity vendor is an important decision that may affect your users’ productivity, your clients’ trust, your bottom line and the way regulators and authorities will treat you in the event of a cybersecurity breach.
Requiring Multi-Factor Authentication (MFA) for all user accounts helps protect devices and the data that’s accessible to users. MFA is the process of verifying identity on sign in to confirm that an access request is…
