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

Model Office launches AI compliance audit software for advice firms

Model Office launches AI compliance audit software for advice firms

Streamline client file reviews and compliance document audits

Isabel Baxter
clock 17 April 2024 • 2 min read
Twenty7tec unveils web-based CRM solution for advisers

Twenty7tec unveils web-based CRM solution for advisers

‘Advisers are tired of overpaying for technology that integrates poorly’

Isabel Baxter
clock 17 April 2024 • 1 min read
Growing technology use increasing adviser and client pressure

Growing technology use increasing adviser and client pressure

Nearly all advisers say investment clients have become more demanding

Isabel Baxter
clock 16 April 2024 • 1 min read