United States

The reality of the threat facing hedge funds through cyber attack

Cyber attacks are a clear and present danger

INSIGHT ARTICLE  | 

The threat of cyber attacks has not been overblown—they are a real and growing threat for hedge funds. Because of the nature of the customer data that financial services companies hold, they are a key target for cyber criminals. What should your fund understand about managing today's cyber threats? Be Prepared, a Q&A with RSM cybersecurity and hedge fund professionals Daimon Goepfert and Alan Alzfan highlights key cybersecurity issues confronting hedge funds today, including:

  • The scope of the cyber threat
  • How to identify and secure key data
  • Cybersecurity issues that present particular danger to hedge funds
  • Key issues for your cybersecurity audit
  • Cybersecurity best practices

Every member of an organization needs to be properly trained to protect proprietary data; all employees must understand they are an important part of the overall security plan. It only takes one incident to cost an investment company not only a lot of time and money but also reputational risk that can have a severe impact on the trust of current and future investors. Download the HFMWeek Cyber Security & Risk 2015 report to understand the key points that all fund and risk managers should consider to guard against these attacks.

AUTHORS


How can we help you?

Contact us by phone 800.274.3978 or
submit your questions, comments, or proposal requests.


Rapid Assessment®

Complete our Rapid Assessment form to be contacted about receiving our "quick-hit" diagnostic of your critical areas of operations.

LEARN MORE



Events/Webcasts

LIVE WEBCAST

2017 economic and risk outlook

  • January 09, 2017

LIVE WEBCAST

AML and regulatory compliance webcast series—Fall 2016

  • December 15, 2016

RECORDED WEBCAST

PCI DSS 3.2—What’s next?

  • December 08, 2016

IN-PERSON EVENT

RSM Raleigh Technology Conference

  • October 26, 2016

IN-PERSON EVENT

Emerging risks seminar: 2016 cybersecurity executive forum

  • October 11, 2016