Cash movements in hedge funds are vulnerable to cyber-attacks. Historical controls have focused more on internal fraud but in this memo we provide practical guidance for a framework for cash controls to help mitigate the risk of cyber fraud.
Firms of all sizes need to mitigate cyber risks. In this memo we provides practical cyber tools including frameworks, contractual requirements, and regulatory expectations for small and mid-size managers.
The HFSB has added a Cyber Security Memo to its Toolbox. This memo will help managers identify their key digital assets (“crown jewels”) and also provide a list of practical “quick win cyber security action items and projects” to enhance a firm’s resilience, including the development of an “Incident Response Plan”.
Cyber Security has become an increasingly prominent focus to the industry. This memo provides an overview of existing cyber security tools, frameworks, quick wins and cyber security projects.
