Succession Wealth has announced this morning (15 February) that it has suffered a cyber-attack.

The company said it launched an investigation and has notified the appropriate authorities. However, it did not give more details on the nature of the attack.

Succession Wealth added it has introduced further security measures.

“The security of our clients’ information is our top priority and, as a precaution while the investigation is ongoing, we have quickly introduced additional security measures,” the company stated.

Succession Wealth stressed it will ensure that clients do not suffer financial loss if their personal data held by Succession is misused as a result of the attack.

The company stated: “We are working to assess and resolve this situation but at this stage we cannot comment on the nature of this attack.

“We will give further updates as and when appropriate to do so. We understand this will cause concern for our clients and we apologise for this.”

Dennis Hall: I heard the chilling words, ‘You’ve been hacked’

In a column for Money Marketing, B-Compliant director Vicky Pearce listed three cyber-threats to advice firms.

They are data breaches, cloud technology and passwords.

She also recommended to read the National Cyber Security Centre’s small business guide for more information about protecting a firm from cyberattacks.