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Bringing you news, views and analysis since 2013

Cybersecurity

Survey reveals 71% of asset managers dealt with institutional investor concerns around cybersecurity in 2022

In a recent Crestbridge Alternative Managers’ Mood Index (CAMMI) survey, results highlighted the growing concern of investors in cybersecurity during the fundraising due diligence process in the fund management industry. The firm writes that the increasing reliance on digital systems and the rapid pace of technological innovation leaves the industry open to various cyber threats such as data breaches, ransomware attacks and phishing scams.

InterCloud believes transitioning to multicloud is a risk worth taking

InterCloud writes that the European Commission’s Data Governance Act, targeted at overcoming barriers to the reuse of data, increasing trust in data sharing and improving data availability, has accelerated the pace of digitisation for the European economy. As a result, the 2030 vision for tech on the continent is now one of greater openness and collaboration.

RFA George Ralph

Cybersecurity issues rise post Covid

A recent report published by IBM Cyber Security Intelligence Indexed found that human errors are the cause of 95 per cent of cyber security breaches globally, the average cost of which could be as high as USD3.33 million.

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