Latest News

  • Home /
  • Latest News

Mitigo - 6 cybersecurity resolutions for your firm

1 February 2021
David Fleming, Chief Technology Officer at Mitigo gives his 6 top cybersecurity resolutions for 2021.

Never in our working lives should it be clearer that you need to allocate budgets and resources to mitigate known risks. Cybercrime is now one of the most significant of those risks and the start of a new year is always a good time to start planning. So, in that context here are my suggested 2021 cybersecurity resolutions for firms:

2021 cyber resolutions.
  • Invest time to understand your risk from cyberattacks.
Cyber attacks are indiscriminate, they hit any vulnerability they can find. I suggest you get the right group of experts together to assess your risks, and then consider the controls you have in place to reduce that risk e.g., policy, training, software, support, etc. Consider paying for a vulnerability risk assessment that can guide you on where to start.

  • Get your remote connections FIT for purpose.
From March last year, cyber criminals have had a field day compromising poorly set up remote connections. In the rush to connect remotely, speed was prioritised over security. Please carry out the exercise to make sure your connections are fit for purpose in 2021. This includes logins to cloud platforms, VPN connections to the office and all versions of remote desktop control. And pay extra attention if you have allowed staff to use their own computers.

  • Stop assuming that your IT support have this covered.
The firms that got hit last year still assumed this. In our experience IT do not look after this because they are not risk or cyber experts and you are frankly not paying them to shoulder this responsibility. This assumption can be a blocker to firms acting.

  • Change employee habits through training, testing and simulation.
All the incidents we investigated last year had an element of human error. Good resolutions change bad habits. This includes link-clicking, alert-ignoring, update-delaying, data-syncing… I could go on. Best practice is to follow up training with simulated attacks on staff, e.g., a pretend email phishing campaign, to strengthen a defensive culture.

  • Write and communicate a mobile phone policy.
Do not forget mobile phones. Personal and work mobile use can be necessary for business. But have you got a policy on it, with the necessary controls in place? Cyber criminals increasingly rely on mobile phones as an entry point into company systems. Once you have agreed what your policies are you will need to configure your technology to support your approach.

  • Prove to yourself that your back-up actually works.
Most back-ups that we check will not survive a ransomware attack because they are poorly configured. Have you ever had this checked? And is it still operating correctly in this remote working world? Staff may have started storing files locally for convenience or even started using third-party storage. Have you still got control of your data footprint?

Obviously, this is not an exhaustive list, but I am hoping it will get you thinking about this subject because it isn’t going away. Indeed, the cyber criminals are more organised than ever, and their attacks are increasingly sophisticated. It is a lucrative business for them, so they invest money and resources into constantly improving their game. I suggest you do the same.

Paradigm has partnered with Mitigo to offer technical and cyber security services to our members. 

Take a look at Mitigo’s full service offer at https://www.consultparadigm.co.uk/strategic-partners/mitigo 

For more information contact Mitigo on 0161 8833 626 or email [email protected] 


 

19 December 2025

Pru - A Smarter Approach to Retirement Income


2 December 2025

Intelliflo- The new outsourcing: why advice firms are increasingly turning to technology


10 November 2025

Retirement Planning: Blending certainty with opportunity


5 November 2025

Blending Drawdown and Annuities: A Modern Approach to Retirement Planning


30 October 2025

Trick or treat? Dispelling the myths about AI in advice


24 September 2025

Simplify retirement advice with one solution


23 September 2025

What do F1 teams and advice firms have in common?


20 August 2025

Delivering peace of mind in an age of uncertainty


18 August 2025

The Prudential Guaranteed Income Plan


21 July 2025

intelliflo's 2025 advice efficiency survey


14 July 2025

The Prudential Guaranteed Income Plan


3 July 2025

Where does PruFund invest across the Globe?


23 June 2025

Pudential - New interactive PruFund client videos are live!


19 June 2025

intelliflo innovate 2025: welcome to tomorrow


19 May 2025

Four essential insights from intelliflo’s 2025 eAdviser index


7 May 2025

Prudential - Where PruFund invests in the UK


10 April 2025

Intelliflo - Bridging the gender advice gap


12 March 2025

intelliflo’s 2025 Advice Map of the UK


5 March 2025

Defaqto - BREAKING: New exclusive Member offers for Defaqto Engage


4 March 2025

Prudential - The growing appeal of insurance bonds, tax efficient strategies and the fast approaching TYE


3 March 2025

Paradigm Powerhouse: Celebrating Our Team's APCC Success!


17 February 2025

The future of advice tech: Five key trends for 2025


27 January 2025

What does 2025 hold for AI in financial advice?


13 January 2025

Happy New Tax Year End