[MUSIC PLAYING] Hi. I'm Phil Ferraro, J.P. Morgan's global head of our client cybersecurity education program. At J.P. Morgan, cybersecurity is a top priority for the firm. J.P. Morgan has made significant investments in cybersecurity and fraud prevention over the past several years.
As an industry-leading financial services firm, we are a natural target for cyber criminals. We see and prevent the latest techniques criminals are using to acquire what they're after-- your money. We spend over $600 million every year just on cybersecurity, and that includes many specialized programs designed to protect you, our clients, and your accounts. These programs include things like encrypting your data when it's at rest, as well as when it's in use, and running sophisticated fraud mechanisms behind the scenes looking for any unusual activities.
For you as a J.P. Morgan Asset Management client, we have a well-established, highly regarded program called Protect the Client. It was designed specifically to address your cybersecurity needs. Our goal is to work closely with you and educate you on cyber threats, vulnerabilities and risks, and actions that you can take immediately to raise your cybersecurity hygiene level.
The program consists of several different modules where we teach you not only how to be safe at work, also be safe at home. We talk about things like passwords, phishing, email, public and personal Wi-Fi, reducing vulnerabilities on your mobile devices, social engineering, preventing identity theft, and much, much more.
So our goal is to make sure that each of you has all the information you need to better protect yourselves, your families, and your businesses. We want to make you just as smart as we are on cybersecurity. For more information, please reach out to your J.P. Morgan coverage team.