Is cyber crime the next big threat to IFAs?

THREAT

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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...

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