Patrick Murphy | Why I created a cyber clinic for IFAs - IFA Magazine

Patrick Murphy argues cyber risk is a governance and leadership challenge for advisory firms, not merely an IT issue. He champions a no-cost cyber clinic for IFA Magazine readers as part of a broader resilience agenda. The piece cites Succession Wealth’s February 2023 cyber attack, which affected about 20,000 clients and £10 billion in assets under advice, illustrating how breaches target trust and behaviour as much as technology. Murphy contends many advisers still view cyber security through an outdated lens, and the clinic aims to shift responsibility to governance, culture, and proactive risk management to protect client trust and regulatory accountability.