External IT Launches Employee Cybersecurity Education Program for Registered Investment Advisors

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  • September 22, 2016
  • Security Awareness Training (SAT) program serves to educate financial advisors and their employees on best practices for using corporate information technology (IT) systems; 
  • External IT has launched an additional offering to educate firms on the latest SEC and FINRA mandates.

New York, NY – September 22, 2016 – External IT, a provider of unified cloud computing solutions to financial services clients, has launched its Security Awareness Training (SAT) offering, which serves to educate financial advisors and their employees on best practices for using corporate information technology (IT) systems.  The program highlights the most commonly overlooked source of data breaches – employee-related negligence.

Through launching SAT, External IT aims to cultivate a corporate culture for advisors that encourages responsible use of IT systems at every level of the company. The program contains phish testing, reporting, and online training. External IT then re-tests and measures the effectiveness of the program and delivers the results to the compliance manager of the firm.

“We’ve come to a point in the financial services space where cybersecurity is not only paid attention to, but has become a differentiator among firms,” said Justin Kapahi, technical director of External IT. “But for all of the attention cybersecurity is getting, there’s one important point that is being missed – the majority of security threats are actually originating from inside the walls of these firms. Information is shared through non-secured programs, passwords are being carelessly generated – the list goes on. We’ve developed SAT to provide advisors with clear security guidelines to ensure their information is protected from the inside-out, at every level.”

In addition to SAT, External IT has launched the Policy and Procedure Development and Lifecycle Management offering to educate firms on the latest SEC and FINRA mandates, placing advisors in training programs to ensure they are operating under the industry’s rapidly developing compliance guidelines. The program also includes a quarterly cybersecurity update and a customized yearly cybersecurity report.