Are You Able To Withstand OCIE Cyber Security Initiative Scrutiny? Eight Quick Tips For Compliance

The OCIE Cyber security Initiative scrutinizes a person's cyber security risk evaluation, threat detection, protective measures, and response plans to cyber attacks. There's more than one kind of inspection or examination a person could face from the OCIE: these include a standard examination assessing overall security practices and a close inspection of the firm following a particular problem.

Celebrity Personal Security Breach Underscores The Importance Of Cyber Security

Before the 1980s, most businesses that sold to consumers paid little attention to customer profiles. Most decided that the market would take care of itself and that people would buy their products based on generic needs. By the 1990s, however, as active market research became a more common approach to business, and as computers developed the capacity to store larger amounts of data, many consumer-based organizations began collecting database information about individual customers on their in-house servers.

Personalized IT Consulting For The RIA

Technology is definitely in the picture for the future of financial professionals. But the field is changing rapidly. According to a poll by CNBC recently 51% of investors describe themselves as actively involved in their portfolio, contrasted with 39% in 2010. This activity spanned different age groups: investors in their 30s and in their 70s showed similar usage rates.

RIAs & Envision Consulting

Envision Consulting provides advisors with tailor made technology solutions that support growth, efficiency, and productivity. Services include full service IT management and infrastructure planning, SEC compliant cybersecurity audits and consulting, network and cloud consulting, 24/7 helpdesk and on-site computer support, cloud virtual desktops, e-mail hosting and archiving, data backup and recovery, file synchronization, business application hosting, and VOIP communications.

Why Cloud Computing Solutions Work For RIAs

As an RIA, your idea of cloud computing solutions probably has something to do with security risks, privacy, and protecting sensitive information. While shifting to a cloud-based infrastructure does require instituting policies for due diligence and oversight of vendors, it is also important to understand that cloud computing is much more than that.