In our latest poll, we asked how confident you felt that your financial advice firm can detect and protect against cyber threats.
At the time of writing, the majority of voters (57 percent) said they believed their firm was well protected from cyber threats, while 29 percent indicated their firms were not. Meanwhile, 14 percent said they were not sure.
The FMA stated in a recent report on cyber resilience, that in an increasingly digitised world, cybercrime-related attacks are a growing occurrence as is the cost that goes with it (see: FMA Report Shines Light on Cyber-Resilience…).
“Cyber-risk encompasses all risk of loss, disruption, or damage to a firm caused by failure in its information technology systems – from both internal and external threats. The interconnectedness of the financial sector means any part of it might be an entry point for a wider cyber- incident,” the FMA said.
Our poll still remains open for another week. Click here if you’d like to add your voice to the conversation…