3 Types of Cyberattacks and How to Avoid Them: FINRA Conference

One key reminder: Many attacks are due to human error

Protecting against cyberattacks requires both high-tech and low-tech efforts by financial firms, according to presentations at the 2018 FINRA Cybersecurity conference in New York on Thursday.

First advisory firms need to answer four key questions, according to retired FBI agent Jeff Lanza, who was the keynote speaker:

  • Where are your assets?
  • What at your firm is subject to attack?
  • Can you detect an attack in real time?
  • Is cybersecurity a focus for your firm at the board level?

“If you can’t answer all four questions you’re not doing enough to fight hackers,” said Lanza, a former computer systems analyst before he was recruited by the FBI.  MORE