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Fraser Jack – Locking your digital filing cabinet: What you need to know about your virtual security

Fraser Jack – Locking your digital filing cabinet: What you need to know about your virtual security

Fraser Jack
National Marketing Executive Financial Services at Cyber Indemnity Solutions
Fraser Jack
National Marketing Executive Financial Services at Cyber Indemnity Solutions

Fraser Jack – Locking your digital filing cabinet: What you need to know about your virtual security

Thank you Fraser Jack for freaking us out (in the nicest possible way) in this session. Fraser gave us the hard, but fair reality around cybersecurity and highlighted the key things an adviser needs to be implementing to make sure they are efficiently locking their digital cabinet and protecting their client’s data.

The first step is doing an audit and a sweep of your current cybersecurity and where you’re at now, and identifying any gaps and areas for improvement. From there, you need to put the correct systems in place to make sure that your cybersecurity is up to scratch and your staff are adequately trained.

There were two nuggets of cyber gold that really stuck with me from this session. The first is that your cybersecurity is not a set and forget strategy. Once you’ve identified the gaps and laid the correct ground work and foundations, this really needs to become a part of your team’s BAU. You need to consistently report on your policies and procedures.

You need to prove that you are regularly training your staff. You need to protect your endpoints and devices, and you need to have adequate insurance in place. The other takeaway that is burnt into my brain is that the only medicine for a security breach or for your cybersecurity is prevention. Once you’ve had an attack or a breach it’s too late, you need to report it to ASIC.

It ruins your brand reputation. It severs trust with your clients and it affects your business valuation. Now I know it is definitely not the most exciting topic, I’ll give it that. But it is extremely important. 

Here are the slides from this session – download HERE

To connect with Fraser, send him a message on XY HERE

Fraser’s LinkedIn Profile HERE

Cyber Indemnity Solutions website HERE

1 week ago

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Thank you Fraser Jack for freaking us out (in the nicest possible way) in this session. Fraser gave us the hard, but fair reality around cybersecurity and highlighted the key things an adviser needs to be implementing to make sure they are efficiently locking their digital cabinet and protecting their client’s data.

The first step is doing an audit and a sweep of your current cybersecurity and where you’re at now, and identifying any gaps and areas for improvement. From there, you need to put the correct systems in place to make sure that your cybersecurity is up to scratch and your staff are adequately trained.

There were two nuggets of cyber gold that really stuck with me from this session. The first is that your cybersecurity is not a set and forget strategy. Once you’ve identified the gaps and laid the correct ground work and foundations, this really needs to become a part of your team’s BAU. You need to consistently report on your policies and procedures.

You need to prove that you are regularly training your staff. You need to protect your endpoints and devices, and you need to have adequate insurance in place. The other takeaway that is burnt into my brain is that the only medicine for a security breach or for your cybersecurity is prevention. Once you’ve had an attack or a breach it’s too late, you need to report it to ASIC.

It ruins your brand reputation. It severs trust with your clients and it affects your business valuation. Now I know it is definitely not the most exciting topic, I’ll give it that. But it is extremely important. 

Here are the slides from this session – download HERE

To connect with Fraser, send him a message on XY HERE

Fraser’s LinkedIn Profile HERE

Cyber Indemnity Solutions website HERE