Sorry to alarm you but I have been saying for years that it’s just a matter of time before hackers realize there is a lot of money in retirement and investment accounts.<\/p>\n
And then they will start trying to hack systems like Redtail, eMoney, MoneyGuide Pro, and all the other internet accessible CRM and financial planning systems.<\/p>\n
In this InvestmentNews article<\/a> it explains about how Redtail was indeed hacked.<\/p>\n And this article right here<\/a> explains how many other systems are ripe for hacking.<\/p>\n What is your legal liability when client data is stolen from these online systems?<\/p>\n Do you really think you are immune from a lawsuit in this area?<\/p>\n As an attorney myself I would argue that you are a ripe target for lawsuits for such breaches of privacy.\u00a0 After all you decided to put your client’s data “online” by using these various systems.<\/p>\n Want to keep your client data secure?<\/strong><\/p>\n Want to sleep easy at night knowing hackers aren’t targeting your client data?<\/strong><\/p>\n The ultimate option is to stick to desktop systems like RetirementView Pro<\/a>…<\/p>\n Not only is it easier to use than other systems, but it’s easier for client’s to understand.<\/p>\n And now… it’s also MORE SECURE than other systems.<\/p>\n