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11 tips for effective cyber security

Protecting clients' dataand assetsis crucial, and insurance firms are ripe for cyberattacks. Follow these tips to help your firm prepare for a data breach.

By Christopher Quinlan, Emily Westridge Black | Updated on August 05, 2015

With major data breaches making headlines on a near-weekly basis, many in the securities industry have wisely begun to focus on developing an effective approach to cybersecurity. Although cybersecurity plans can vary widely among firms depending upon their business, clientele and technical architecture, among other things, effective plans include the following features.

1. Build a strong cybersecurity team

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