MADISON – The Wisconsin Department of Financial
Institutions issued an advisory reminding investors of
the importance of protecting the personal information
they share with their financial professionals on
Wednesday, Jan. 28.
help investors with that discussion, the department
suggests asking the following questions:
Has the firm addressed which cybersecurity
threats and vulnerabilities may impact its business?
Does the firm have written policies, procedures,
or training programs in place regarding safeguarding
Does the firm maintain insurance coverage for
Has the firm engaged an outside consultant to
provide cybersecurity services?
Does the firm have confidentiality agreements
with any third-party service providers with access to
the firm’s information technology systems?
Has the firm ever experienced a cybersecurity
incident? If so, has the firm taken steps to close any
gaps in its cybersecurity infrastructure?
Does the firm use safeguards such as encryption,
antivirus and anti-malware programs?
more information, contact the department’s Division of
Securities at 608-266-1064.