As a decentralized workforce moved professionals across the financial services space from the corner office to the home office, Align Managed Services is up-leveling GVA's approach to cybersecurity to safeguard practices and client data from new vulnerabilities RIAs are now encountering.
This blog was original published by Great Valley Advisors
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The pandemic prompted a significant shift within the financial services space, yielding a decentralized workforce as professionals moved from the corner office to their home offices. What was believed to be a short-term solution has evolved into the new reality for many businesses. While the change may be welcome in many regards, it creates new vulnerabilities that RIAs have never encountered. Chief among them, a greater risk of cyberattacks. Globally, over 75% of institutions saw an increase in cyber attacks and crime since the pandemic began.
Cybersecurity needs to be a top priority for RIAs. Our team at GVA has been proactively designing a solution that will help advisors in the GVA network safeguard their practices and client data, and we are excited to share more on GVA SecureOffice, a new cybersecurity-focused platform powered through our partnership with Align Managed Services, a leading technology and advisory firm in the investment management industry.
Our Chief Operating Officer James Spinelli recently sat down with Align’s Chief Operating Officer, Vinod Paul, and Managing Director, Cybersecurity and General Counsel, John Araneo to discuss the latest trends in the cybersecurity space and what RIAs need to know to protect their businesses.
Click here to visit Great Valley Advisors and read the full Q&A interview.