Your Firm’s Cybersecurity Is Crucial. But So Is YoursNovember 17, 2015 – In The News
Joshua Horn was featured in the Law.com article “Your Firm's Cybersecurity Is Crucial. But So Is Yours.” Full text can be found in the November 17, 2015, issue, but a synopsis is below.
Having sound cybersecurity protocols and physically protecting systems may not be enough when considering financial firms, says Fox Rothschild's Joshua Horn.
“Every firm should educate their clients (on) what types of materials, electronic or otherwise, that the client should expect to receive from the firm,” he says.
Horn also believes that it is important to warn clients about misleading information.
“For example, clients should be reminded that trades and money transfers are not handled via email,” he says. If they receive something in this manner, it should be reported to the firm immediately.
Horn also suggests reminding clients not to share passwords with anyone and having a multiple verification process to protect their interests.
“Any sound data security program is going to engage a firm’s clients as much as its own internal systems, programs and policies,” he explains. “A collective effort is the best course to protect firm and client data.”