Why the Financial Industry is Rejecting AI

2024-10-11T14:11:24+01:00October 11th, 2024|AI, Financial Services|

In the modern age, AI is revolutionising the way we live our daily lives. From our digital assistants like Siri and Alexa to the autocorrect function on our text messages and emails, AI is becoming further and further incorporated into normality with every passing day. But despite AI’s increasing prevalence in society, the financial [...]

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Data Breaches in Banking — Everything You Need To Know

2024-12-10T21:37:15+00:00October 11th, 2024|Cyber Security, Financial Services, GDPR, Security and Threats|

Banks manage an enormous amount of highly sensitive personal data, making the ongoing sophistication and ever-increasing frequency of cyberattacks a serious consideration for the banking industry. Banks are also an especially attractive target for cyber criminals since they have an enormous amount of funds, enabling them to satisfy extortionate ransom demands. It is therefore [...]

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Microsoft 365 Copilot – major ‘Wave 2’ update announced

2024-09-18T16:05:16+01:00September 18th, 2024|Accountants, AI, Financial Services, Law, Productivity|

Microsoft 365 Copilot, released early in 2024, is already transforming the way businesses are using the Microsoft 365 apps, vastly increasing productivity and collaboration and bringing new skills to the workforce. The biggest impact so far has been in Microsoft Teams and in Teams meetings. Copilot has completely changed the way meetings are run, [...]

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How losing your mobile phone could turn out to be a terrible nightmare

2024-08-14T17:26:07+01:00August 14th, 2024|Accountants, Financial Services, Law, Remote Working, Security and Threats, Tips and Advice|

Imagine this… You wake up in the morning and your mobile phone is dead. It died during the night. Hardware can fail at any time and these amazing devices take a daily battering in pockets / bags / coats. Perhaps you woke up late because your alarm didn’t go off? If, like me, you [...]

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Cyber Security – How It’s Changed and How To Futureproof Your Business

2024-07-29T11:09:36+01:00July 29th, 2024|Accountants, AI, Cyber Essentials, Cyber Security, Financial Services, Law, Tips and Advice|

The stability and security of IT systems may be something brought to your attention recently on a global scale; July 2024’s IT outage saw transport, healthcare, banks, and media outlets affected by an issue that originated with Crowdstrike, a cybersecurity company based in America. Whilst this particular problem wasn’t caused by a security breach, [...]

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Financial Services Tech Strategy

2022-08-11T16:05:02+01:00August 11th, 2022|Financial Services|

With the FCA regulator scrutinising everything in the financial services sector lifecycle and high inflation rates impacting everybody, having a tech strategy which improves your firm’s efficiency is crucial … We focus here on the financial services sector but all businesses should have a clear IT strategy which includes an assessment of where their tech [...]

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10 tips – How to recruit using your website

2022-07-14T15:01:05+01:00July 14th, 2022|Accountants, Energy, Financial Services, Law, Tips and Advice|

Wondering how to recruit using your website? In this blog we share some ideas on turning your website into a talent magnet. This is part of our blog series on the tricky task of recruitment. In blog one we focused on how you can use tech to attract and retain talented employees. We’re doing this because [...]

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Using tech to attract and retain talented employees

2022-07-14T15:06:14+01:00May 26th, 2022|Accountants, Financial Services, Law, Productivity, Remote Working, Tips and Advice|

In part one of a series of blogs, we look at how tech can both help you attract and retain talented employees at a time when recruiting is difficult – and it’s an ‘employees’ marketplace’ … By Bruce Penson, Managing Director It will not have escaped the attention of most SME owners that hiring good [...]

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Why you should act on cybersecurity threats

2022-03-29T17:50:56+01:00March 17th, 2022|Cyber Security, Energy, Financial Services, GDPR, Law, Security and Threats, Tips and Advice|

Due to the conflict in Ukraine the government, the ICO and UK cyber experts generally are all urging SMEs to act against increased cybersecurity threats. The situation in Ukraine poses an increased risk of cyber attacks to businesses and exacerbates the rise in cybercrime seen throughout the COVID-19 pandemic, partly due to cyber criminals exploiting [...]

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Cyber Essentials certification and why Financial Services firms need it

2022-01-05T14:42:38+00:00January 5th, 2022|Cyber Essentials, Cyber Security, Financial Services|

If you are running a Financial Services or Fintech firm and you do not have Cyber Essentials certification, you might be putting your reputation and your clients at risk. Businesses in the financial sector have long been a prime target for cyber criminals, with the rewards being significant for a successful breach. In fact, according [...]

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