How Russia’s Invasion of Ukraine Could Increase Your Cybersecurity Risk, When a Firm Should Consider Establishing an ESOP and More
To My Fellow WSR Community Members:
The images and stories from Russia’s invasion of Ukraine shocked and saddened us over the past two months. At the same time, it’s also easy for people to feel like the conflict is so far away, and though we may affect the conflict with charity support, it shouldn’t affect us on a practical level.
But is this actually the case?
In this interconnected world, many experts are making the case that U.S. businesses can no longer afford the presumption that something on a different continent can’t adversely affect our businesses.
Russian hackers have a reputation for a reason – they’re very skilled at what they do – and combining their skill with a government keen to retaliate against the U.S. for supporting Ukraine yields a possible enhanced cybersecurity threat for private American businesses completely unengaged in geopolitics.
This Week’s Issue
With this item in mind, here’s what we have on tap for this week’s issue:
- In our Upmarket section, Michael Madden hosts an Ask the Experts panel addressing whether an ESOP is right for a small financial advisory business, with Paul Lally, Principal & Wealth & Asset Management Industry Leader at Wipfli, LLP, Brian Bunker, Senior Director & Head of Practice Management & Consulting at RIA Stratos Wealth Partners and Craig Stuvland, Chief Executive Officer of tru Independence.
- We explore the state of cybersecurity in light of possible heightened threats from Russian hackers retaliating against U.S. private businesses for its role in the Russia-Ukraine conflict in the Digital Domain section, with Sid Yenamandra, Co-Founder and CEO of Entreda, Clayton Chandler, Chief Information Security Officer of Advisor Group, Scott Lamont, Wealth Technology Strategist at F2 Strategy and Tony Brumley, Chief Technology Officer at Liberty Wealth Advisors.
We always appreciate your ideas, suggestions, comments and questions for our expert panels.
Share with your friends and colleagues by email or via social media, especially those considering ESOPs or concerned about cybersecurity issues.
Have an excellent week!
Larry Roth, CEO
Wealth Solutions Report