For fund managers, cyber-security has emerged as a large and multi-faceted source of risk. It is attracting the attention of investors and regulators, for whom the protection of data belonging to investors is of paramount importance. Assessing and mitigating the risk depends less on massive investments in sophisticated technology than on establishing a culture of security, built on regular reviews and disciplined processes and procedures.
SumiTrust has published a White Paper detailing the challenges facing the industry.
