What Netflix and Lego did. But Kodak didn’t
- 5th April 2022
- Posted by: Mark Dodds
- Category: Business, Financial Services, Growth, Strategy, Technology
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We’ve written a new guide about digital IT transformations. It’s an overview of what it actually means to digitally transform your business (with some case studies), and the basics you need to consider before you make any big decisions.
How Security Acts as a Competitive Advantage for Financial Management Firms
- 18th March 2022
- Posted by: Mark Dodds
- Category: Financial Services, Security
Cybersecurity is a matter of great concern, especially for the financial services sector. Having adequate cybersecurity and a coherent security policy in place helps to protect your assets and keep your clients sensitive information secure. Cyberattacks are on the rise, and financial management firms are often targeted. But how can you not only protect against
How to ensure your business’s spend on IT is an investment, and never an expense
- 27th February 2022
- Posted by: Mark Dodds
- Category: Business, Financial Services, Growth, Strategy, Technology
In the years we’ve been looking after businesses round here, we’ve noticed there are two different ways that owners and managers buy IT and technology. Some see it as an expense. Others see it as an investment
Cybersecurity Isn’t Just an IT Issue but a Regulatory One, Too
- 18th February 2022
- Posted by: Mark Dodds
- Category: Business, Financial Services, Security
When it comes to cybersecurity, we usually think of it as primarily an IT issue. However, there’s a lot more to think about than the impact on your computer. Cybersecurity is a regulatory issue too. That’s why the Financial Conduct Authority (FCA), the UK’s financial services regulator, has been vocal about the risk of cyber-attacks.
Financial Conduct Authority (FCA) and Insider Threats – All You Need to Know
- 4th February 2022
- Posted by: Mark Dodds
- Category: Business, Financial Services
Is your firm capable of defending itself against cyber-attacks? In today’s day and age, cyber-attacks are drastically increasing in number, scale, and aggression. Even a small attack can pose a huge threat and devastating results to financial services firms. Here at Compex-IT, cyber security sits at the heart of what we do, so, if your
How To Keep Your Financial Management Firm’s Data Ultra-Safe During the Work From Home Revolution
- 18th January 2022
- Posted by: Mark Dodds
- Category: Business, Financial Services, Growth, Strategy, Technology
The working from home model has been readily and necessarily embraced by the financial services community and proven to have some real benefits. More efficient client engagement and people are happier and more motivated with a better work/life balance. However, this new way of working creates a new data security headache. You need to consider what would happen if a hacker was able to get into one of your team’s home network.
A Basic Guide to Cyber Security for Financial and Wealth Management Firms
- 11th January 2022
- Posted by: Mark Dodds
- Category: Financial Services, Security
If there is one industry that we would expect to lead the way in cybersecurity, it’s the financial services sector. Considering the nature of the data they process and the amount of personal and business information they hold, they should be bastions of cyber-strength. So, it may come as a surprise to know that 70%
What Can You Do As a Financial Management Firm to Secure Your Clients Data?
- 19th November 2021
- Posted by: Mark Dodds
- Category: Financial Services, Security
Due to the coronavirus pandemic cyber attacks are increasing in number and scale which pose a threat to all financal services firms. The change to remote working has led to the need to re-evaluate existing risks and controls. Unfortunately, every modern business can become a victim of cybercrime. Cybercriminals are always looking for new ways
The 5 Step Plan to Prepare and Protect Your Financial Planning and Wealth Management Firm From Cyber Crime
- 4th May 2021
- Posted by: Mark Dodds
- Category: Business, Financial Services, Growth, Professional Services, ransomware, Security, Strategy, Technology
You’re regulated by the FCA. The nature of your business means that you’ll retain very sensitive client data. Therefore, the onus falls on you not to just protect your own critical data, but the financial and personal records of your customers, too
WATCH how easy it is to give away your login details
- 28th April 2021
- Posted by: Mark Dodds
- Category: Financial Services, Security
You must have heard of phishing scams. Even if you’re not sure exactly what they are, you’ll know they’re to be avoided. Simply put, a phishing scam is an email sent under the pretence of being from someone else. Like your email, bank, or Amazon, or another place online where you have an account. They
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