Category: Cyber Threats
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Securing Microsoft OneDrive: AGRC-Focused Approach toAccess Control
Access control isn’t just a technical requirement—it’s the cornerstone of cybersecurity, especially for organizations managing sensitive financial and client data. For firms using Microsoft OneDrive within their Microsoft 365 environment, proper access controls are more than just best practices—they’re essential for meeting regulatory requirements and avoiding data breaches, compliance failures, or reputational damage. Industries governed… Read more
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How Third-Party Vendor Risk Cost Voya Financial Advisers $1,000,000
Financial advisory firms rely heavily on third-party vendors to streamline operations, connect with clients, and enhance service offerings. These vendors, often forming a financial firm’s supply chain, include robo-advisors, customer relationship management (CRM) systems, and other software services critical to client interactions and internal management. However, as the case of Voya Financial Advisors reveals, inadequate… Read more
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FINRA’s Phishing Guidelines: Essential Strategies for Investment Firms to Stay Protected
Phishing attacks have become one of the most prevalent and dangerous cybersecurity threats facing businesses today, including investment advisor firms. The Financial Industry Regulatory Authority (FINRA) recently issued guidance in response to a phishing campaign that targets financial services firms, underscoring the need for vigilance and robust cybersecurity practices. This article will break down the… Read more