Fake e-vite phishing scams put high-net-worth clients at risk
Action Required: Review and update firm-wide cybersecurity protocols, specifically regarding email authentication and client communication verification.
Cybersecurity threats, specifically phishing scams targeting high-net-worth clients, are increasing, posing significant risks to wealth management firms. Advisors must implement robust prevention and response plans to protect client accounts from unauthorized access via hijacked personal inboxes.
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