Just 44 % of financial advisors claim to understand cyber security issues and risks , despite 8 in 10 identifying the area as high risk , according to a report from the Financial Planning Association 's FPA Research and Practice Group . The report polled over 1,000 financial advisors across the US in July . There have been 34 cyber security breaches so far in 2016 , which have resulted in over 28.6 million financial records being exposed .
Just 44% of financial advisors claim to understand cyber security issues and risks, despite 8 in 10 identifying the area as high priority, according to a report from the Financial Planning Association's FPA Research and Practice Institute. The report polled over 1,000 financial advisors across the US in July. There have been 657 cyber security breaches so far in 2016, which have resulted in over 28.6 million financial records being exposed.