The easiest way to safeguard your firm and your clients is to have robust, comprehensive prevention and detection protocols in place to identify and thwart, or quickly recover from a potential cyber-attack. Test protocols regularly and hold colleagues accountable for understanding and upholding them.
In this industry, lost or stolen data directly correlates to lost revenue for your firm. It may even hurt your reputation and standing with clients that can take a long time to recover from. You may also be hit with hefty fines, as well as additional regulatory actions from the state or federal level.
Unfortunately, when it comes to cyber-attacks, it is probably not a matter of if but when. Cybercrime is constantly evolving. Malware and phishing attempts are constantly changing to outsmart the latest security, which is why it is so important for your firm to stay abreast on what kinds of threats are out there and how to stay ahead of them.