You have to figure out, did they get to client data? If you’re assuming yes, you do have an obligation to contact the client."
Kimberly Foss, founder, Empyrion Wealth Management. |
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Summary: Cybersecurity is a constant threat, and considering how attractive a target a financial firm is, especially if they serve high-net-worth clients, advisors should be prepared for the worst. Kimberly Foss, founder of Empyrion Wealth Management based in Roseville, California, noted the importance of having the right people to help you following a data breach.
You have to figure out, did they get to client data? If you’re assuming yes, you do have an obligation to contact the client."
Kimberly Foss, founder, Empyrion Wealth Management. |
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