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Geneos Girds Cyberdefenses by Joining cleverDome

05-9-2018, 21:01   News   

As chief technology officer for Geneos Wealth Management, Dean Rager and his 10-person IT team continuously work on tech solutions for the IBD’s home office and reps to improve efficiency and compliance.

But when it comes to meeting his need to make sure “everything always stays secure,” Rager realized that as a relatively small broker-dealer with about 300 reps and $12 billion in assets, Geneos wasn’t getting the support it needed from its vendors who hold client data. That’s critical, he says, since most cyberattacks “come in from a third-party back door,” if they don’t come from “an advisor’s own email address.”

That’s why Denver-based Geneos has joined cleverDome, the cybersecurity co-op that provides the cloud software NetFoundry to “enforce some kind of standards so we look like” one of the larger enterprises that can demand better cyber support from those third-party vendors.