Brokerages
Professional hacker organizations are typically more interested in targets that are large enough to contain significant amounts of financial data, but not large enough that they can afford sophisticated cyber security tools.
Recognizing the targets, the E&O Cyber Guard program includes a product known as Breach Defence that is geared to small to medium brokerages that may not have the more extensive cyber protections that larger businesses with IT staff likely already have in place.
These Breach Defence tools are designed to be an all-in-one risk management solution that offer proactive protection measures and focus on vulnerabilities plus training, education and policies.
- FAST FACT: Research shows that more than half of all small- and medium-sized businesses can go out of business within six months after a cyber-attack.
Following simple steps to increased protection
E&O Cyber Guard’s Breach Defence tool offers brokerages a four-step approach that involves:
- Allowing brokerages to assess their risks – determining a brokerage’s exposure to multiple security issues as soon as they login to the Breach Defence system for the first time. The system will check for key vulnerabilities such as leaked data records and dark web monitoring instantly, supplying this information quickly and easily, along with detailed guidance on how to address vulnerabilities.
- Training and educating employees – in many cases, an untrained employee can be a brokerage’s most vulnerable point, and largest exposure to cyber threats. It’s a key reason why there are both user education guides and simulated phishing campaigns to help staff improve their cyber safety knowledge. From short training courses to customizable cyber security policies, the tool remains relevant and useful, even in the face of high staff turnover.
- Providing ongoing support – cyber security experts are available 24/7 to assist with difficult cyber issues, including identifying and managing cyber threats, guiding users through potential security breaches and offering expert advice on safety practices
Sign up to protect your brokerage and employees now
Managing brokers ready to start using E&O Cyber Guard’s Breach Defence can sign up now.
Still looking for more information? Look through our frequently asked questions here.