Securing Email in the Financial Services with Unipass Mailock

In an innovative move to bolster email security across the financial services industry, Origo has partnered with Beyond Encryption to launch a groundbreaking email messaging system.

This collaboration aims to address the increasing threat of cybercrime by ensuring that emails exchanged between advisers, providers, and platforms are not only sent securely but also accessed exclusively by their intended recipients.

Unipass Identity: The Key to Secure Exchange

Central to this initiative is Origo's Unipass Identity system, a unified identification solution embraced by 45,000 advisers for seamless interaction with providers.

The introduction of the new messaging system, Unipass Mailock, leverages this existing framework to enhance email security, marrying convenience with robust protection.

Regulatory Backdrop and Industry Imperative

The urgency of adopting advanced cybersecurity measures has been underscored by recent directives from the Financial Conduct Authority (FCA). With a stark warning issued to platforms regarding their cyber-security practices, the FCA's Dear-CEO letter highlights the critical need to shield customer assets and data from cyber threats.

The regulator's emphasis on operational resilience and the accountability of individuals under the Senior Managers and Certification Regime (SM&CR) sets a clear expectation for prioritised, impact-based planning and investment in cybersecurity.

Origo's Proactive Approach To Cybersecurity

Anthony Rafferty, Managing Director of Origo, articulates the growing concern over cybercrime's threat to both businesses and their clients.

With cybercriminals increasingly targeting unsecured emails to pilfer sensitive information, the introduction of Unipass Mailock represents a timely solution.

This service enables advisers and providers to seamlessly integrate secure communication into their existing email workflows, ensuring that sensitive personal, financial, medical, or policy information is transmitted securely and accessed solely by the intended parties.

“Cybercrime is increasingly a threat to businesses and their clients with criminals actively using technology to target unsecured emails and access sensitive and valuable information.”

— Anthony Rafferty, MD, Origo

Beyond Encryption's Vision for Industry-wide Security

Paul Holland, Chief Executive of Beyond Encryption, emphasises the significant impact of Origo's Unipass on the industry.

The widespread adoption of Unipass, coupled with its essential services, positions Unipass Mailock as a pivotal tool for securing sensitive communications across the sector.

Paul highlights the dual benefits of safeguarding reputations and mitigating communication risks, underscoring the solution's potential to fortify the industry against cyber threats.

“Origo’s reach through Unipass, and its industry-critical services means a large percentage of providers, platforms, advisers and their clients can quickly be protected when communicating sensitive information. This will help to protect reputations and de-risk the industry’s communications.”

— Paul Holland, CEO, Beyond Encryption

Conclusion: Setting a New Standard in Secure Communication

The collaboration between Origo and Beyond Encryption to introduce Unipass Mailock marks a significant advancement in the fight against cybercrime within the financial services sector.

By leveraging the widespread adoption of the Unipass Identity system, this initiative not only enhances the security of email communications but also aligns with regulatory expectations for operational resilience.

As the industry navigates an increasingly digital landscape, the strategic implementation of Unipass Mailock sets a new benchmark for secure, efficient communication, ensuring that sensitive information remains protected against the evolving threat of cybercrime.