October 2015

Viewing posts from October , 2015

“Emails aren’t always secure, and they may be intercepted or changed after they’ve been sent.”

So said the email signature from a high street bank that popped into my inbox last week. The remainder is below and makes for equally illuminating/frightening reading.

Banks and wealth managers are shying away from accepting instructions by email and/or are increasingly nervous that a communication medium that’s become second nature is just not reliable when it comes to giving important instructions. The difficulty for banks and other high value service providers is that expecting clients and contacts to switch medium for some conversations and not others creates confusion and a disjointed and cumbersome experience for clients.

Read More

“Wealth managers need to embrace the hard things such as Cyber Security and realise there is no manual or business book to give them the answers”

Novastone CEO and Founder Douglas Orr took to the podium at this year’s  Annual PAM Operations Dinner to discuss the risks of cyber security in the wealth management sector.

 “Wealth managers need to embrace the hard things such as Cyber Security and realise there is no manual or business book to give them the answers”

Read More