By ET Bureau - May 11, 2020 4 Mins Read
Entreda, an industry-leading developer of integrated cybersecurity software and solutions for the retail wealth management industry, announced that it has joined the Preferred Pricing Program of the Financial Industry Regulatory Authority (FINRA). Through the program, FINRA member firms and financial advisors can become new Entreda clients, accessing its Unify Cybersecurity Compliance Platform as well as additional services that can enhance the protection of digital data and safeguard against costly damages.
Sid Yenamandra, Co-Founder and Chief Executive Officer of Entreda, said, “From the very start, the mission of Entreda has been to provide a cost-efficient platform for improving the cybersecurity measures of as many wealth management firms and financial advisors as possible. Participating in FINRA’s Preferred Pricing Program is a great achievement for Entreda that makes our solution vastly more accessible to the financial services industry. Best of all, more individuals, households, and businesses that are the end clients of this industry stand to enjoy stronger cybersecurity protection than ever.”
Entreda’s proprietary cyber risk number feature powers the Unify platform, by serving as an objective third-party assessment of a firm’s potential vulnerability to cybercrimes that allows firms to customize the weighting of their risk parameters within regulatory guidelines.
Each firm and user is provided with their cyber risk number, along with how their number compares with other firms and users on the platform. As such, Unify is a one-of-a-kind cybersecurity risk mitigation platform for devices, networks, and users that provides automated, data-driven integration through many services on one platform, encompassing the following key features:
Entreda also can provide FINRA members with the following extra solutions to further build out their cybersecurity protection toolkit:
Entreda’s cybersecurity bundle and additional services include more than 30 checks that are conducted to meet FINRA guidelines. The company’s offerings comprise the industry’s most comprehensive cybersecurity risk mitigation software.
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