The Blog Spot: Brokers beware worldwide cyber-crime has overtaken the drug trade

Judith Ugwumadu

One data breach could cause huge reputational damage for a broker, what steps are you taking to protect your clients’ data?

Cyber-shock – it isn’t just a sexy term for headline writers, it’s also a massive issue for brokers because more and more of their clients are using their own devices.  

Meaning more data, more potential problems.

There isn’t a week, or month that goes by without a report on the matter, usually partnered by shocking or sensational headlines.

Examples
Here’s just a few examples:

This January there was, Fear of cyber-attacks drives sale of insurance up 50%.

Then, Major cyber attack could

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