IFA warns advice firms to be 'on alert' after phishing attack

User awareness is ‘key’ to combat cybersecurity threats

clock • 3 min read

Advice firms have again been warned to maintain high levels of cybersecurity as two businesses, IFA firm Talis and investment manager Quartet, became targets of phishing attacks last week.

Talis said its Microsoft user email accounts were compromised which resulted in a round of fake emails being sent. "We have reviewed this with our IT consultant and have taken measures to secure all of our accounts. We wish to reassure you that personal information and financial data is held on an entirely separate system which remains secure," Talis said in a communication to clients and contacts. It added that emails from the company should be addressed to the recipient personally and will normally direct the recipient to login to their secure client portal. The Ashford-based firm a...

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 Technology

Advice firms slow new tech adoption

Advice firms slow new tech adoption

Deliberate strategic decision

Jenna Brown
clock 24 September 2026 • 2 min read
'Fool's gold' warning as more than half of consumers embrace AI for decision-making

'Fool's gold' warning as more than half of consumers embrace AI for decision-making

AI is increasingly shaping the future of financial services

Laura Miller
clock 17 September 2026 • 2 min read
Can investors with ethical considerations really avoid AI?

Can investors with ethical considerations really avoid AI?

Why it's complicated to avoid AI in investment

Ian Aylward
clock 16 September 2026 • 4 min read