The risk of cyber attacks – why encrypted email has to become de rigueur for advisers

by | Feb 5, 2021

Share this article

Facebook Open Graph

Yesterday, we reported that The Financial Conduct Authority (FCA) was targeted by nearly a quarter of a million (238,711) malicious and unsolicited emails over the final three months of 2020, averaging around 80,000 email attacks per month.

Anthony Rafferty, CEO Origo comments:

This data highlights the growing threat to consumers and the business risk from cyber attacks via email.


At the end of the day the cybercriminals only have to get lucky once to access someone’s computer or a business’s system, whereas individuals and companies have to be constantly vigilant against these attacks.

Customer/client email and communications are particularly vulnerable and once a criminal has access to someone’s email they can use it to obtain confidential information and attempt identity fraud.

Automating secure messaging through use of encrypted email has to become de rigueur for providers and financial advisers in the industry to help protect consumers against cybercrime and businesses against risk such as fraud.


Share this article

Related articles

IFAM 121 | Navigating Choppy Waters | September 2023

IFAM 121 | Navigating Choppy Waters | September 2023

Summertime And ‘the livin’ is easy’ apparently. Well, that was according to Louis and Ella singing that fabulous song more years ago than even I can care to remember. However, as we wonder whatever happened to any decent summer weather here in the UK this year, the...

Trending articles

IFA Talk logo

IFA Talk is our flagship podcast, designed to fit perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.

IFA Talk Podcast - listen to the latest episode