Call us on: 02920 887 362
Sectors

Financial Services

Cyber Essentials and IT Support for Financial Advisers

Cyber Essentials for Finance Sector
Image Circle Outline

Whether your business specialises in financial consultation, pension advisory, mortgage advisory, or financial planning, cyber security is vital to protect business and customer data from being exploited by cyber-criminals.

Cyber Essentials certification is an ideal starting point for businesses within the financial services sector to enhance their online protection. Whilst Cyber Essentials can decrease risks of up to 80% of cyber threats, Cyber Essentials Plus should be the standard for businesses within the sector.

IT Support

Unlock the full potential of your business by leveraging our Managed IT Support service. With our proactive strategy and expert team, we guarantee the optimal performance of your IT systems. We promptly resolve any issues, minimising downtime and maximising productivity to keep your finance business thriving.

Cyber Essentials

Cyber Essentials Certification is a requirement for many government frameworks and tenders in Wales and the UK. The scheme is designed to be achievable for any business, regardless of sector or size.

Working with our cybersecurity experts, Cyber Essentials accreditation is easier to obtain than you think.

Cyber Essentials for Finance Industry

Position your finance business as a trusted and secure partner in a competitive industry with the Cyber Essentials certification. Customers are aware of the ever-increasing cyber security attacks and the risks associated with data breaches. 

Put your customers and business partners at ease by gaining cyber security certification that demonstrates your finance business takes a conscious effort in protecting data through Cyber Essentials and Cyber Essentials Plus. 

Cyber Essentials Plus

Whilst the standard Cyber Essentials is a self-assessment, Cyber Essentials Plus demonstrates your finance business has high cyber resilience protocols.   

Cyber Essentials Plus is a substantial upgrade to Cyber Essentials and requires assistance from experts o ensure your business is up to the required standard.  

On competition of Cyber Essentials Plus, your business demonstrates to partners and customers a high level of trust with sensitive data. The passing of the scheme may also help contribute towards winning business tenders, as Cyber Essentials accreditation is a crucial factor for many businesses’ supply chain requirements within Wales. 

Many of our clients proudly display the Cyber Essentials Plus trust badge on their website. 

Why Do Financial Advisers Need Cyber Essentials Certification?

  1. Client Trust and Reputation: Your clients rely on your business to securely handle sensitive financial information. By obtaining Cyber Essentials certification, you demonstrate your commitment to data protection and building trust with your clients. It sets you apart from competitors and shows you take cyber security seriously for your business and clients.
  2. Compliance with Regulatory Requirements: Regulatory bodies increasingly emphasise the importance of robust cybersecurity practices. Cyber Essentials certification ensures that your financial advisory business meets the necessary compliance standards, reducing the risk of fines.
  3. Free Cyber Insurance: With Cyber Essentials certification, your finance business is entitled to up to £25,000 worth of cyber insurance.
    For more information regarding Cyber Insurance, read the policies here:
    Cyber Liability Insurance Policy Summary of Cover and Cyber Essentials Cyber Liability Insurance Policy Wording.
  4. Mitigate Financial Risks: Cyber-attacks can result in significant financial losses for your firm and clients. Implementing the essential security controls outlined in the Cyber Essentials scheme reduces the likelihood of breaches, protecting your business and your client’s investments.
  5. Continuity: A successful cyber-attack can disrupt your operations and undermine your ability to serve your clients effectively. Cyber Essentials certification helps you establish a robust cybersecurity framework, ensuring business continuity despite potential threats.

Cyber Essentials Case Studies

Dewis CIL Logo

Dewis Centre for Independent Living

Dewis Centre for Independent Living (Dewis CIL) is a charity which supports disabled people to manage their own care by receiving a Direct Payment from their Local Authority and using the money to employ their own care staff. Dewis CIL are Cyber Essentials Plus certified, and Excellence IT continue to support Dewis CIL with IT support and software services.

Chevler

Chevler, best known for manufacturing paper baking cases used for muffins, cupcakes and celebration cakes, sought the expertise of Excellence IT to help them with day-to-day IT and specialist projects. Excellence IT has also helped Chevler become a cyber secure organisation through Cyber Essentials certification.