How can fund managers assess cyber security threats?

Article

How can fund managers assess cyber security threats?

The increased number of reported cyber attacks on businesses and the evolving nature of the breaches have led many fund managers to reevaluate their cyber security strategies, particularly with regard to preventive protocols and timely responses.

Executive summary

  • The increased number of reported cyber attacks on businesses and the evolving nature of the breaches have led many investment managers to reevaluate their cyber security strategies, particularly with regard to preventive protocols and timely responses
  • Cyber risk management is not just checking a box or passing a test. It requires understanding where the organisation’s prized assets are and how criminals can come at them 
  • Investment management firms are looking to elevate their approach to cyber risk well beyond the walls of the IT department, a challenge that now requires active participation of senior leadership 
  • It can be important for investment management firms to create an education programme for clients and employees focused on cyber risk and prevention tactics that includes users to immediately report activity that they suspect may be related to a threat
    or an attack.
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Performance issue 14 – May 2014

Performance is a triannual digest, dedicated to investment management professionals, which brings you the latest articles, news and market developments from Deloitte’s professionals and clients. 

Performance issue 14 - PDF file - size: 4.7mb
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