To make it easier for FinTech vendors, BDs/IAs, and Financial Advisors to respond to emerging threats and ongoing challenges, we have created this Resources page. cleverDome community members are welcome to submit ideas and contributions. We hope you find the posted information to be helpful as you navigate the digital business landscape.
The Global Cyber Alliance (GCA) has built this toolkit for small to medium-sized businesses to address the Center for Internet Security Controls (CIS Controls) which will enable business owners to significantly reduce the cyber risks they face every day.
Clients have the ability to aggregate personal financial information on third-party platforms to assess their financial position. This data aggregation creates valuable opportunities for clients but also has the potential to put their data at risk if it is misused, mishandled or misappropriated. An individual’s personal information is invaluable, and its protection is of paramount importance.
Two new vulnerabilities called Meltdown and Spectre, or speculative execution side-channel vulnerabilities, have been discovered in modern processors that allow malicious programs to steal information from the memory of other programs. This means that the malicious program can steal passwords, account information, encryption keys, or theoretically anything stored in the memory of a process.