Boards at some of the UK’s biggest companies still don’t fully understand the potential impact of a cyber attack according to a new report. The Government’s Cyber Governance Health Check looks at the approach the UK’s FTSE 350 companies take for cyber security. The 2018 report published today shows that less than a fifth (16%) […]

On 21 January 2016, the Hedge Fund Standards Board (HFSB) published a press release (dated 19 January 2016) summarising lessons learned from its first table top cyber-attack simulation for hedge fund managers in London. http://bit.ly/1SAnpop The aim of the simulation was to explore the response of hedge fund managers to three scenarios: Data theft and […]

U.S. prosecutors on Tuesday unveiled criminal charges against three men accused of running a sprawling computer hacking and fraud scheme that included a huge attack against JPMorgan Chase & Co and generated hundreds of millions of dollars of illegal profit. Gery Shalon, Joshua Samuel Aaron and Ziv Orenstein, all from Israel, were charged in a […]

Why you must develop a response to cyber security and financial crime threats A recent SEC action has highlighted how concerned regulators have become about data intrusion risks in the asset management sector. Last month the Securities and Exchange Commission settled charges with an investment adviser R.T. Jones Capital Equities Management that the regulator alleged […]