Adding Cybersecurity to the Reby Lifestyle Sustainability Scorecard™Submitted by Reby Advisors | Certified Financial Planners | Danbury, CT on July 19th, 2018
By George Koeltl, CFP®
As most of you know, we track progress in potentially reducing your family financial risk using the Reby Lifestyle Sustainability Scorecard™. The Scorecard helps identify and quantify the key risks clients face and ultimately helps shape the recommendations to eliminate/minimize those risks. It is part of our process to help you maintain the quality of life you deserve.
The Scorecard is meant to be a dynamic tool; it will be adjusted to reflect changes in your life that may impact your score. In addition, we will adapt the Scorecard as new or unforeseen risks develop. We are also in the process of updating your Scorecard to include the risk of identity theft and its potential impact on your financial security.
While technology has improved our lives immeasurably, there are associated risks that need to be identified, quantified and ultimately minimized. Cyber-threats and identity theft are here, but there are steps that can be taken to minimize the risk and potential negative impact that an incident can have on your financial well-being.
You may have heard of some of the potential electronic security threats: malware, spyware, ransomware, spam, phishing, unsecured home wireless networks, and shared wireless networks in airports or hotels. Each of these can create the risk of a personal information breach or identity theft. The impact of identity theft and the potential costs to repair may be significant.
Over the next several months we will include in our newsletters, blogs, and seminars steps that can be taken to make us safer online.
If you'd like to learn more about our Scorecard and how to minimize your family's risks, call (203) 790-4949.