Welcome to Visory

RightSize Solutions is now part of Visory

We have joined forces with True North Networks to bring enterprise-level technology solutions and support to RIAs, accounting firms and others.

Welcome to Visory

True North Networks is now part of Visory

We have joined forces with RightSize Solutions to bring enterprise-level technology solutions and support to RIAs, accounting firms and others.  

Welcome to Visory

Swizznet is now Visory

Our parent company name has changed, but our hosting services, solutions and Obsessive Support® have not. 

|
Call Today (913) 396-4600
IT Support Services
View All
Obsessive Support®

The hallmark of the Visory experience, our dedicated team of professionals provides a high degree of support for all your IT needs

Managed Infrastructure

Leading edge solutions that are always working to maintain the integrity of your firm’s IT backbone

Managed Security

Best in class security to protect your firm’s data and technology

We’re here to help. Contact us for a consultation.
Application Hosting
View All
Quickbooks

Take your business to new heights with Visory’s flexible QuickBooks hosting solutions

Sage

The same Sage you work in every day, only better

GoldMine

An affordable CRM for small- and medium-sized businesses, built to support your sales, marketing and customer service needs

Tax

Revolutionize your next tax season with added efficiency and mobility

3rd Party Applications

Access critical applications that are integrated seamlessly into your workflow, conveniently hosted on the same server

Cloud Platforms

Access affordable enterprise-grade hosting solutions with none of the IT burden

Watch your firm grow with the ultimate ease of access, security and flexibility.
Managed Services
View All
Managed Security

We’ll help you develop and implement the right cybersecurity policies and protocols to keep your firm secure and in compliance with regulatory guidance

Managed Infrastructure

We’re here to manage your firm’s IT activity, safeguarding the integrity of your infrastructure and devices, so you don’t have to

Let’s talk about keeping your business and your data secure.
Cybersecurity
View All
Managed Security

We’ll help you develop and implement the right cybersecurity policies and protocols to keep your firm secure and in compliance with regulatory guidance

Zero Trust

Security that ensures everyone granted access is who they claim to be

Awareness Training & Testing

Educate and train your most important last line of defense – your people

End Device Protection

Protection where people and their machines intersect

Multifactor Authentication

Secure access to your data with multiple verification checks on identity, reduce the risk of compromise, prevent cyberthreats

No firm is too big or too small for a data breach or a cyberattack. Let’s talk about your security.
Compliance
View All
Tax & Accounting

IRS 4557

Other Businesses

Complying with state and federal privacy regulations and more

Contact us to learn more about how we keep your business safe and in compliance
QB Desktop, QBO

Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy

O365

Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy

Liscio

Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy

Knowbe4

Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy

Sentinel One

Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy

Lorem Ispum Dolor Software CTA

Cyberthieves are pouncing on advisors working remotely during the coronavirus crisis, taking advantage of at-home systems and necessarily weaker compliance oversight, according to lawyers and compliance consultants.

Brokers, advisors and their firms are particularly vulnerable to phishing attacks, in which thieves posing as clients gain access to usernames, passwords and account details via seemingly innocuous emails and attachments, said Wes Stillman, chief executive of RightSize Solutions.
“Over the past two weeks, we have seen a huge rise in the number of their clients’ email accounts being hacked,” Stillman said, citing incident reports pouring into his outsourced information technology firm.

The biggest concern is that once the hackers get access to client accounts, they will initiate wire transfers that could slip by normal vetting procedures when firms are fully staffed and working from centralized locations. Most larger firms require follow-up phone calls by advisors or client associates when transfers are requested, but experts fear the procedures are not being rigorously followed.

“It makes sense to start thinking about a firm’s procedures on authorizing the distribution of checks and of wire requests” said Max Schatzow, a securities lawyer at Stark & Stark in Lawrenceville, New Jersey.

Most of Schatzow’s advisor clients are using virtual private networks accessed through firm-issued authentication devices, he said, but firms need to increase approval processes and supervision through souped-up reviews of advisor-to-client emails and video conferencing.

The compliance issue is exacerbated because many advisors and brokers are using personal cellphones, tablets and home computers that firms cannot monitor, not to mention falling back on unsecure texting and Twitter communications to check up on clients. Firms should consider requiring advisors to register their devices under the corporate domain while layering in more conditional access policies, Stillman said.

They also must remind brokers to be vigilant about memorializing conversations and action advice with clients through client relationship management software that may not be readily available if they don’t have direct and reliable access to their workstations.

“Any communication needs to be retained and reviewed by advisors and broker dealers,” said Jeff Groves, chief executive of ComplianceWorks. “Those communications need to be presented to regulators upon demand in an audit situation.”

Companies must also reevaluate and strengthen their wire-approval processes, the consultants said.

“I certainly would recommend that if it’s a one-person approval process, involve a second person in that process now,” Schatzow said. “Everyone’s remote and the risks are so high.”

The Securities and Exchange Commission and the Financial Industry Regulatory Authority are not making allowances for advisors and brokers working from home, according to Amy Lynch, founder and president of Rockville, MD-based consulting firm FrontLine Compliance.

“Examinations that started before the shutdown occurred…are still ongoing and they’re even starting to ask follow-up questions about firm cybersecurity and business continuity plans,” she said. “They are taking a look at what firms are doing right now.”

Many firms are holding compliance review sessions for advisors and their staff who are working remotely. They should cover a range of issues, from the basics of how to access workstations remotely to reminders about being super-cautious about fielding e-mails, according to Lynch.

“Use a WebEx or GoToMeeting or some form of an online platform to conduct training for your employees to remind them of what the firm policies and procedures are,” she said.

View this Article as a PDF
THOUGHT LEADERSHIP
What We’re Saying
Nov 11th, 2022
10 Tips to Improve the Security of your Firm
1) Survey your technology environment 2) Update your cybersecurity policies 3) Emphasize cybersecurity training 4) Encourage active participation & awareness 5) Use encryption 6) Set
Nov 11th, 2022
Visory Named 2022 Corporate Partner of the Year by Financial Planning Association -Dallas/Fort Worth Chapter
Chesterfield, MO – Nov. 11, 2022 – Visory, a provider of technology management, cybersecurity and hosting solutions for the wealth management, accounting and construction industries,
Oct 26th, 2022
Cybersecurity Risk Survey
Take stock of your firm’s current security posture, identify key areas of risk, and assess your appetite for exposure. Swizznet’s Cybersecurity Risk Survey helps to
Oct 26th, 2022
RightSize Cyber-Chats, cybersecurity and technology issues facing financial advisors.
Welcome to RightSize Cyber-Chats, a new series of candid conversations about the most pressing cybersecurity and technology issues facing financial advisors. On each episode of
Oct 26th, 2022
RIA Spending to Rise with SEC’s Cybersecurity Proposed Rule’.
The Securities and Exchange Commission may soon have a heavier hand in registered investment advisor firms’ cybersecurity policies. The SEC voted last month to propose
Sep 28th, 2022
Why did we Build SwizzStack, and What is it?
At the beginning of 2022, Swizznet rolled out a new offering called SwizzStack (you see what we did there?) and we wanted to give you
Sep 27th, 2022
Three Steps for Mitigating Accounting Cyber Threats to Prevent Tax Season Attacks
If you think the middle of tax season “is not the time” to proactively improve your firm’s cyber security protocols, you may be playing right
Sep 19th, 2022
Four Steps to Lock Down Your Firm’s Security and Compliance Priorities
We’re coming up on almost six months since the last Scaling New Heights conference, but I still vividly remember the moment at that event when
Sep 11th, 2022
Swizznet Prevents Ransomware Attack Against Construction Company
It started out as a quiet Tuesday. Then, halfway into his second cup of coffee, Swizznet’s Security Engineer was alerted to suspicious activity occurring inside
Copyright ©2022 Visory. All rights reserved.