Intermediary Cyber Security Good Practice Guide

This document is a guide aimed at providing best practices for intermediary firms and Independent Financial Advisors (IFAs) regarding cyber security. It addresses the increasing reliance on external suppliers and the need for robust security measures to protect personal and sensitive business information. The guide outlines various security practices, including password security, firewall and anti-virus protection, and the safe use of public Wi-Fi. It emphasizes the importance of strong passwords, the use of trusted anti-virus software, and the necessity of employing a Virtual Private Network (VPN) when accessing public Wi-Fi. Additionally, it discusses the risks associated with ransomware and phishing attacks, advising on how to recognize and mitigate these threats. The guide also highlights the significance of keeping software updated and utilizing multi-factor authentication to enhance security. Overall, it serves as a comprehensive resource for intermediaries looking to improve their cyber security posture and reduce risk exposure.