|
Call Today (888) 252-2990
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

Microsoft Resource Center

Tips, advice, and industry insight from our team of accountants and business owners to yours.

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

Bypass the wait time and access Visory’s Obsessive Client Support®

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 manage your cybersecurity policies and protocols to keep your firm secure and in compliance

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. Reduce the risk of compromise, prevent cyberthreats.

Email Filter

A different approach to protecting emails

Single Sign-on

Secure single sign-on access for a connected world

Backup

Backup your data for business continuity and compliance

SecureCloudDrive

Keep everyone on the same page. Any user, every device.

SASE

Secure connections for all your users, devices and networks

Written Information Security Plan (WISP)

Get started on a robust security plan with a WISP for your business

Virtual CISO

Protect your organization with the expertise of our Chief Information Security Officers (CISO) without having to hire a full-time resource

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

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 rules related to cybersecurity risk management for RIA firms and registered investment companies and funds.

The regulator wants to be more prescriptive when it comes to cybersecurity, according to Ivan Barretto, founder and managing partner at consulting firm RIA Compliance Concepts.

“The SEC has always taken that approach where they want you to customize it based on your firm, but now they’re getting down to the nitty-gritty and actually asking for certain things to be done across the board, whether you’re a one-person operation or a 200-person operation,” Barretto said last month at a webinar hosted by cybersecurity and information technology management solutions firm RightSize Solutions.

The regulator wants RIA firms to know their responsibilities, according to Wes Stillman, chief executive officer of RightSize Solutions.

“They’re saying, ‘Hey, your obligation as an RIA is to protect your clients’ interest which includes minimizing risk that could lead to operational disruptions or loss or theft of clients’ personal information,’” Stillman said at the webinar.

If the proposed rules go into effect, RIA firms would likely see their expenses increase, according to RIA Compliance Concepts’ Barretto.

“The biggest thing is cost-wise — the cost of doing a cybersecurity assessment, the cost of procuring cybersecurity insurance premiums and so forth, that’s going to go up,” Barretto said. “The best thing I can advise most firms is start putting something in your budget to address this.”

The specific proposed rule that firms disclose in their brochures and registration statements cybersecurity risks and incidents that occurred in the last two fiscal years could be particularly onerous, according to RightSize Solutions’ Stillman.

“The idea that you have to hang on to these things for a certain timeframe, like five years, that’s going to change some of the processes and policies that you have in place today. One of the big impacts is, ‘Now what do I need to save, and for how long?’ I think the proposed requirement of any cybersecurity event occurring within the last two years implies that you have to save all of that,” Stillman said.

Related Content
February 10, 2022
SEC Proposes T+1 Settlement, Cyber Rules, Adviser Act Changes
Nevertheless, the burden on a firm’s head of compliance may be less than expected, according to RIA Compliance Concepts’ Barretto.

“The compliance person that’s responsible for this, at the very least they have to understand what their infrastructure looks like and what’s being done to protect it, but not necessarily become IT or cybersecurity experts,” Barretto said.

“Vendor management is key and understanding how you’re working with your vendors to do what you need to do to be compliant with this new, amended rule,” he added.

With the rules simply being proposed at this point, Barretto and Stillman agreed that there’s no need for RIA firms to make changes right now.

“It’s good to get on the page of being proactive, but I wouldn’t implement anything until they finalize the rule,” Barretto said.

“It’s just proposed at this point,” Stillman added.

SEC Proposals

The proposed cybersecurity risk management rules would require advisors and funds to:

  • Adopt and implement written cybersecurity policies and procedures designed to address cybersecurity risks that could harm advisory clients and fund investors;
  • Report significant cybersecurity incidents affecting the advisor or its fund or private fund clients to the Commission on a new confidential form;
  • Publicly disclose cybersecurity risks and significant cybersecurity incidents that occurred in the last two fiscal years in their brochures and registration statements; and
  • Comply with new recordkeeping requirements designed to improve the availability of cybersecurity-related information and help facilitate the SEC’s inspection and enforcement capabilities.

Do you have a news tip you’d like to share with FA-IQ? Email us at editorial@financialadvisoriq.com.

INSIGHTS
What We’re Saying
Oct 9th, 2024
Data Breach Survival Guide for Accountants
In our digital world, the safety of your clients’ sensitive information hinges on your vigilance and preparedness. It’s more than a responsibility—it’s a cornerstone of
Oct 8th, 2024
The True Cost of Cybersecurity Threats in Construction
Visory partnered with the American Institute of Constructors (AIC) to bring you this critical webinar: The True Cost of Cybersecurity Threats in Construction. We covered
Oct 7th, 2024
Cybersecurity in Construction: Building a Safer Future for Your Business
The construction industry may not seem like a primary target for cybercriminals, but recent years have shown otherwise. As more construction firms adopt digital tools
Oct 7th, 2024
Cybersecurity in Accounting & Wealth Management: Safeguard your Clients’ Most Sensitive Data
Trust and confidentiality are everything for accountants and wealth managers alike. Your clients rely on you to grow their investments and protect sensitive financial information.
Sep 30th, 2024
October is Cybersecurity Month: Simplifying Cyber Safety for Your Business
The barrage of information and media coverage around cybersecurity can feel overwhelming in today’s fast-paced digital world. Every headline seems to shout about the latest
Sep 26th, 2024
How Secure is your Wealth Management Firm? Essential Cybersecurity Strategies
As the wealth management industry continues to evolve, so too does the cyber landscape. For wealth managers, staying ahead of cybersecurity threats is not just
Copyright ©2024 Visory. All rights reserved.