Client Data, Privacy, Child ID Theft, ID Theft, Cyber Terrorism,

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Protecting Client Data

Protect Client Data...Keep The Bad Guys Away!

The trust you earn from clients is the best compliment they can give you. Protecting clients’ privacy and safeguarding their personal and financial information had better be your highest priority. Any “Client Centric” information you receive or handle must be held in the strictest confidence. This would include:

Information collected such as name, mailing address, telephone number, e-mail address and fax number; and to identify who the client is, including Social Security number; employer name and address.
Information used to assess investment experience or risk tolerance such as annual income, net worth, and credit reports to assess your financial position.
If your client used your company (ies) internet website(s), you are responsible for protecting that information also. This includes demographic information including gender, birth date, education and occupation.
If you share client information with any third party without prior approval, you may be in violating the client privacy. So watch what you share with partnerships and alliances through joint marketing and affiliate agreements.
Always password protect areas of your computer that handles client data. If you way from your desk please shut your computer off. Also please use login passwords to prevent some one from using you computers while you are away.
Financial Services Professionals should be fully aware of the double-sided sword of email. Email & Instant Messaging

It is imperative that you notify your compliance department and compliance officer at once if your laptop or desktop computer is stolen. Please be advise that you really need to know your company(ies) compliance requirement and best practices and know them well. Lets keep our clients safe. We spend tremendous time and energy helping our client build and manage their wealth. We must also do our part in keeping the bad guys away! Also file a complaint and notification with the Federal Trade Commission.

Articles on Client Privacy and Protecting Client Data

Important Information...Beware of FAKE AnnualCreditReport

The nation’s consumer protection agency: AnnualCreditReport.com is the ONLY authorized online source for you to get a free credit report under federal law. Some other sites claim to offer "free" credit reports, but may charge you for another product if you accept a "free" report...

Your Rights Under the Fair Credit Reporting Act

Your Rights Under the Fair Credit Reporting Act
Consumer reporting agencies, including credit bureaus and specialty agencies such as agencies that sell information about job histories, check writing histories, medical records, and rental history records.

Things That Go Bump In The Night…Bad Credit

Things That Go Bump In The Night…Bad Credit
Middle Income Familes (Household Incomes up to $100,000) may have the obstacle of mounting bills to overcome before they can execute insurance, financial planning and investment strategies. Here’s help...

Protecting Clients Assets From Fraudulent Strategies

Financial Services Professionals spend a great deal of time assisting their clients building and managing wealth. The Financial Services Professional has an obligation to keep the client aware of strategies and techniques used by dishonest people to defraud them of their wealth...

Child ID Theft

“In cases where individuals know who stole their identity info, it turns out to be someone they know 50 percent of the time.” Source: Javelin Group
Child ID Theft is a crime, much like adult identity theft...

WATCH THE CARS NOT THE TRAFFIC LIGHTS!

When training our young ones to cross streets and intersections we know that it is a very smart thing to train them to watch for cars and not focus entirely on the traffic lights for obvious reasons...WATCH THE CARS NOT THE TRAFFIC LIGHTS!

Cyber-Terrorism: Protect Ourselves First!

What Can Estate Planning and Wealth Planning Professionals Do! We must first protect ourselves, before we are adequately prepared to protect our clients...

Loose Talk about Tight Cyber Security

Loose Talk about Tight Cyber Security

An advisor's guide to firewalls, encryption and secured socket layers. As in any other aspect of life, feeling safe in cyberspace is preferable to feeling as if a mugging--virtual or otherwise--is lurking just around the corner. All of us want that archtypical "clean and well-lit place," even on the Internet.

The "Right" Virus and Spyware Settings

We realized that you may have your Virus Settings and Spyware Settings set to prevent intrusion and annoyances. What you may not realize is that your protection software was probably installed at the highest. This may prevent you from getting mail and other services that you want. Read this importnat information...

A Home Base In Cyberspace

A Home Base In Cyberspace
Advisors doing business in cyberspace--not merely prospecting, qualifying or announcing their presence on a virtual billboard. The day when insurance and financial advice will be given online is coming. It's now merely a question of when...