March 2017

Lark research reveals that cyber risks tops the list of concerns for UK wealth management firms

Lark recently carried out a survey of UK wealth management firms that collectively manage £130 billion of assets, representing almost a fifth of the industry, the senior decision makers interviewed believe that data breaches by cyber hackers are the most damaging threat facing the industry.

With the main concerns being about cyber crime, regulation and relationships with insurance brokers, it is unsurprising that the findings in this report can easily be extrapolated and applied to a wide variety of financial institutions.

Click here to download the full report or view the infographic highlighting the key findings here.