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In this episode, Ray Sclafani, Mark Hurley, and Brian Hamburger discuss the critical issues surrounding cybersecurity in the wealth management industry. They highlight the alarming rise of cybercrime, the responsibilities of CEOs in safeguarding their firms, and the impact of cybersecurity breaches on client relationships. The discussion also covers the upcoming SEC regulations and the reputational risks associated with breaches. Ray, Mark, and Brian emphasize the need for wealth managers to understand the tactics used by cyber criminals and the importance of implementing robust cybersecurity measures to protect both their firms and their clients. Finally, actionable steps for both firms and clients are outlined, stressing the importance of education and awareness in combating cyber threats.
Key Takeaways
White Paper: Confronting the Realities of Cyber Threats: A Framework and Cybersecurity Protocol for Wealth Management Firm CEOs
5
33 ratings
In this episode, Ray Sclafani, Mark Hurley, and Brian Hamburger discuss the critical issues surrounding cybersecurity in the wealth management industry. They highlight the alarming rise of cybercrime, the responsibilities of CEOs in safeguarding their firms, and the impact of cybersecurity breaches on client relationships. The discussion also covers the upcoming SEC regulations and the reputational risks associated with breaches. Ray, Mark, and Brian emphasize the need for wealth managers to understand the tactics used by cyber criminals and the importance of implementing robust cybersecurity measures to protect both their firms and their clients. Finally, actionable steps for both firms and clients are outlined, stressing the importance of education and awareness in combating cyber threats.
Key Takeaways
White Paper: Confronting the Realities of Cyber Threats: A Framework and Cybersecurity Protocol for Wealth Management Firm CEOs
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