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July 2020

Cyber criminals have been taking advantage of the current Pandemic and are constantly reviewing and perfecting their methods to gain access to systems and data. Whilst it has been recently reported that the pensions sector is a target, we wanted to reassure you that we have steps in place to prevent/manage such an attack.

What security systems do we have in place?

  • Our Servers are based in a secure remote data centre.
  • Scheme and member data are backed up daily and held remotely and monitored and tested by our IT support to ensure the data can be recovered if needed.
  • Cyber defence measures are in place to counter the threat from malicious electronic attacks e.g. Firewalls, Anti-virus and Anti-Malware.
  • Domain Name System (DNS) protection is in place which enforces web access policies and ensures regulatory compliance, stopping 88% of threats before they ever hit our network.
  • Our IT Support are there for us 24 hours a day to assist.
  • Ascot Lloyd have a disaster recovery plan in place which is tested regularly to ensure the continuity of services to its clients and staff at all of our offices.

In addition, our staff

  • Are educated to be on alert at all times.
  • Are alerted should there be a heightened risk of scams and fraud.
  • Are trained in Data Protection, Cyber security and Phishing Awareness.
  • Perform identity verification with every caller.
  • Keep personal data within communication to a minimum or use truncated data.
  • Password protect and encrypt any emails containing attachments or member data.

One of the benefits of working with a larger national firm like Ascot Lloyd is that we are a strong and stable company, both operationally and financially and our system security is paramount. These are difficult and changing times and you can be assured that we are constantly working on new projects to protect us against any new developments in the cyber world of crime.

Find out more

If you would like any more information on these matters, please contact your Ascot Lloyd consultant/contact directly.

Alternatively, email: This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it..

 
Note:
The content of this Pensions Briefing should not be deemed as advice. No section of this Pensions Briefing, reporting or data should be considered a client specific, or a personal client recommendation. Advising on and arranging of occupational pension schemes is not regulated by the FCA. Arranging group personal pensions (GPP) and group stakeholder pensions (GSP) (which are not occupational pension schemes) may be deemed to be a regulated activity by the FCA once members start joining the scheme.