|Why Do Advisors Continue To Use Free Gmail Accounts? Do They Not Know The Risks?|
|Wednesday, February 22, 2012 13:26|
This week I received yet another question from an advisor asking if it was ok to use a “free Gmail account” to conduct business.
This Website Is For Financial Professionals Only
I have not met an advisor who did not care about their clients. So I am assuming any advisor using these services just does not know the risks.
Some of what you should be doing to protect a clients private data:
1. Use a paid and compliant email system.
2. Use email encryption when sending private data.
3. Use a compliant client vault to share private information with clients.
4. When using a consumer service, especially free services, read and understand their privacy policies.
If have read this blog and continue to use a free email service anyway, then either you do not care about your clients or are asking for problems.
Please feel free to comment.