An estate plan is a set of powerful tools that protect your wealth and furnish…
We Live In a Digital World
Digital Security Protects Clients
The year 2016 finds us increasingly concerned about the security of our digital records and identity. This is a cyclical dilemma because we are consistently placing more and more sensitive material in “the cloud.” This, in turn, increases the amount of sensitive material that can be tampered with and stolen. The following story from an article on wealthmanagement.com is, unfortunately, becoming all too common:
“They just clicked on an innocent looking email link, which downloaded an agent that encrypted the person’s files: pictures, documents, videos, music, everything. Then an email arrived offering the encryption key for a stiff fee. Fortunately, we were able to restore everything from a backup and they didn’t have to pay.”
There are measures your clients and you can be taking to protect your identity, finances and devices. Make sure you are discussing these with clients as well as instituting these practices in your own office and home.
Securing our digital information can be work, but it can be as simple as logging out of your account website when you’re finished. And it is time well spent when you compare it to restoring lost data or fixing credit reports with errant financial information.