Yet big breaches like the recent hack of Microsoft’s Office software, the Equifax hack, and the massive Solar Winds hack should serve as cautionary lessons to advisory firms: any firm, no matter how large or tech savvy, can be breached.

“It happens on a daily basis, there are a lot of zero-day hacks discovered every day, and they’re being perpetraded by bad actors who have strong financial backing,” said Aslanian. “These hacks are being conducted by bad-actor nations, actual countries, not just some kid who is in a basement trying to get into your email. We need to be vigilant”

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