BGL Corporate Solutions has announced the appointment of Jeevan Tokhi as its new head of Simple Fund 360.

As a qualified CPA (SMSF specialist) and accredited SMSF Specialist Advisor (SSA) with a strong technical background and relentless focus on the clients, Jeevan has contributed significantly to BGL throughout his career with roles including support consultant, business and test analyst, Simple Fund Desktop product manager, Simple Fund 360 product manager and most recently, head of ecosystem.

Mr Tokhi said he has enjoyed building innovative software applications with a strong focus on the needs of BGL’s clients and will continue to do so.

BGL managing director Ron Lesh said it has been a pleasure to watch Jeevan grow and thrive with BGL, both personally and professionally, since he joined BGL in 2005.

“We could not be prouder to see Jeevan rise up the ranks to head our Simple Fund 360 product team and make it his own,” said Mr Lesh.

“Jeevan is perfectly positioned and qualified to lead Simple Fund 360 into the future,” added Lesh. “With his vision for Simple Fund 360 and experience working with BGL’s flagship products, CAS 360 and Simple Invest 360, our clients are in for an incredible journey. Watch this space!”

Speaking in a recent panel discussion, BGL managing director Ron Lesh explained that firms need to adopt a multifaceted approach when addressing cyber security, which will entail a wide range of different things.

One of the starting points, said Mr Lesh, is to ensure the business is running the most up-to-date versions of software and avoid using external Wi-Fi networks.

“There are weak points in the system, and public Wi-Fi networks are probably the weakest,” warned Mr Lesh.

“It’s also a matter of having apps that are well designed and secure and keeping an eye on which ones get hacked and making sure you get updated.”

Updating passwords regularly is also an important part of protecting against cyber attacks, he added.

“Use statements as passwords, not names, places and dates of birth. [You should also use] two-factor authentication,” he recommended.

Any firms that don’t already have cyber insurance should strongly consider getting it, he said.

“If you don’t have it, you should, and you should have cyber and professional indemnity insurance together because having them separate could be a problem if there is a claim,” he warned.

Mr Lesh said it is also vital that staff receive training on cyber security.

“If you’re not training your staff, get online and sign up for someone to come and train your staff because they’re your weakest link – them clicking on a link is the weakest list link of your organisation,” he warned.