Is cyber crime the next big threat to IFAs?

THREAT

clock

FT columnist David Stevenson explains why financial advisers should be concerned by the threat from cyber criminals...

I  am, by nature, a deeply cynical person. A few months back, I was asked to write a longish article about cyber crime for an important institution. Ever since I worked on Tomorrow’s World as a producer for the BBC, I have been slightly suspicious of scary scenarios. If the grey nano goo does not get you, maybe the cyber criminals will. In particular, I have a well developed paranoia surrounding consultancy sales pitches that usually accompany any urgent plea for action – “We must fight cyber crime now...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

SDR extension plans will ensure 'uniform standard' for portfolios

SDR extension plans will ensure 'uniform standard' for portfolios

'Retail-focused firms are also facing a short timeline to prepare'

Cristian Angeloni
clock 24 April 2024 • 4 min read
FCA proposes advisers and platforms 'must' communicate SDR labels

FCA proposes advisers and platforms 'must' communicate SDR labels

Distributors also must provide access to consumer-facing disclosures

Isabel Baxter
clock 23 April 2024 • 1 min read
Scenario modelling: Meeting the FCA's retirement expectations

Scenario modelling: Meeting the FCA's retirement expectations

Meeting regulatory standards and maximising good client outcomes

Stephen Ford
clock 22 April 2024 • 5 min read