Tru Independence Enhances Cybersecurity Protection For Financial Advisors By Joining Forces With Armorblox
PORTLAND, Ore., Aug. 24, 2021 /PRNewswire/ — tru Independence, an open architecture platform that provides financial advisors with the dedicated back-office, compliance, marketing, and investment services needed to operate independently, has entered into an agreement with Armorblox, a cybersecurity innovator that helps organizations communicate more securely over email, to bring Armorblox enterprise email security to tru advisors. By making this offering available, tru continues to expand the benefits available to its advisors who also have direct access to the firm’s financial, operational, informational, and technical expertise—allowing its advisors to focus purely on client services.
Cybersecurity has always been essential to the wealth management industry, especially as advanced technologies become more prevalent in everyday practices. With the COVID-19 pandemic leading to more employees working from home, it has also provided more opportunity for cyberattacks. According to a 2019 IBM security study1, “Cost of a Data Breach Report,” the average person has a nearly 30 percent chance of experiencing a data breach in the next two years, and once a breach occurs, it takes an average of 279 days to identify and contain the breach.