RIA security: Comparing Microsoft 365 Business Basic and Microsoft 365 E5

Business Basic vs. E5:
Which is the right fit for RIAs?
When it comes to the security needs of registered investment advisors (RIAs), there’s no room for compromise. As an RIA, you handle sensitive financial information and your clients trust you to keep their data secure. That’s why choosing the right productivity suite is crucial for your business operations. Let’s take a closer look at Microsoft 365 Business Basic and Microsoft 365 E5 to see how their features stack up against each other.
Microsoft 365 Business Basic:
A solid foundation for productivity
Microsoft 365 Business Basic is a great option for smaller businesses with basic productivity needs.
Features
- Access to online versions of Office apps such as Word, Excel, and PowerPoint
- OneDrive for Business for secure cloud storage and file sharing
- Exchange Online for email hosting
Security highlights
- Built-in spam and malware protection for email
- Multifactor authentication for added login security
- Basic data loss prevention (DLP) policies to protect sensitive information
Microsoft 365 E5:
A comprehensive security solution
Microsoft 365 E5 is the top-tier offering in the Microsoft 365 suite, providing advanced security and compliance features for businesses with more complex needs.
Features
- All the features included in Business Basic
- Advanced security and compliance capabilities
- Scalable business analytics with Power BI
Security highlights
- Advanced threat protection (ATP) for real-time protection against cyberthreats
- Advanced DLP policies for more granular control over data protection
- Identity and access management with Azure Active Directory
- Azure Information Protection for secure document classification and encryption
- Compliance management and eDiscovery capabilities through Microsoft 365 Compliance Center
Why choose E5 over Business Basic?
While Business Basic offers a solid foundation for productivity, E5 takes it a step further with advanced security features designed specifically for RIAs and financial advisors. Here are some key reasons to consider upgrading to E5:
- Enhanced protection against cyberthreats – With ATP and advanced DLP policies, you can rest assured that your sensitive data is well protected against cyberattacks.
- Simpler SEC IT compliance management – E5 includes powerful tools to help you meet regulatory compliance requirements and manage data governance more effectively.
- Secure document handling – Azure Information Protection adds an extra layer of security by classifying and encrypting sensitive documents, giving you peace of mind when sharing confidential information with clients.
Elevate your RIA’s security with Microsoft 365 E5
Make the smart choice for your RIA business by upgrading to Microsoft 365 E5. With its advanced security and compliance features tailored for businesses like yours, you can focus on providing top-notch wealth management services to your clients without worrying about data breaches or compliance issues. Get started today and take your RIA’s security to the next level with Microsoft 365 E5.
Don’t know where to start? We’re here to help!
Learn more about how Microsoft 365 E5 can benefit your RIA firm and get assistance with setting up your subscription.