SBAI » Cyber Security

Bringing managers and investors together to set standards for the alternative investment industry

Cyber Security

Cyber security has become an increasingly prominent focus of the industry. Regulators also are taking a strong interest in understanding and assessing the resilience of regulated firms to cyber-attacks. The SBAI Cyber Security memo provides:

  • Overview of existing high-level cyber risk management tools
  • Framework to identify a firm’s key digital assets (“crown jewels”)
  • List of practical “quick win cyber security action items” and “cyber security projects”
  • Development of an “Incident Response Plan”
  • Overview of regulatory expectations

The SBAI also runs table-top cyber-attack simulation exercises with its Signatories and Investor Chapter Members to help the industry explore responses to realistic attack scenarios, including data theft, financial infrastructure attack and crypto ransomware.