Quantum Advisory has launched a new cyber security training service designed to assist trustees in acquiring the essential skills to prevent cyber-attacks by simulating potential attacks.
The most typical cyber security attacks that the industry currently faces are broken down in hour-long training sessions.
They educate trustees on the fundamentals of handling incidents when the worst does occur as well as some of the most efficient methods for identifying cyber risk, managing the main hazards to schemes, and managing catastrophes.
Trustees can learn firsthand what a cyber-attack is like and practise taking the appropriate precautions by simulating one.
Quantum Advisory partner Chris Heirene says: “The statistics around cyber security are very worrying and pension schemes, sadly, are extremely vulnerable. They hold a huge amount of quality data – ideal for scammers and fraudsters.
“Therefore, cyber security literacy is an absolute necessity, schemes need to not only be protecting themselves and securing their data, but also learning what to do should they succumb to a cyber-attack.
“The effects of a data breach can have lifelong consequences for members who may fall victim to various scams once their information is lost to cyber criminals. This course will help equip trustees with the knowledge needed to protect schemes against an attack and respond in the proper manner should one occur.”
Heirene adds: “Being able to experience a cyber-attack in a controlled environment allows trustees to work through what might work and what does not when handling a cyber crisis. Should a cyber-attack happen it is vital to be as ‘comfortable’ and prepared as possible, so running through various simulations will leave trustees feeling more confident should they face a real attack.
“Protecting members and their data is a top priority. We are proud to be doing our part to educate trustees and increase cyber security literacy across the industry.”
