T3: Cybersecurity Adoption Still ‘Woefully Low’
by: Rob Burgess
Advisory firms are investing slightly more in cybersecurity than they have in previous years, but even so, the "cyber tools are not getting the attention they deserve," according to the findings of the “2023 T3/Inside Information Advisor Software Survey” unveiled at the recent Technology Tools for Today (T3) conference. Joel Bruckenstein, co-founder of the advisor technology conference, took to the stage at the close of the meeting's opening day to highlight the most recent results of the annual report. The survey collected 3,309 responses. Bruckenstein said he was particularly alarmed by the low levels of total market adoption of cybersecurity technology. This year, cybersecurity software is being used by 24.33% of respondents, up less than 2% from the previous year's survey.
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