COOConnect Cyber Security Webinar
The Depository Trust & Clearing Corporation (DTCC) recently identified cyber-crime as the biggest risk to capital markets, putting it ahead of counterparty risk at central counterparty clearing houses (CCPs). Cyber-threats come in many forms, and the consequences for businesses can be fatal. Leakage of non-public material information or worse false information can incur severe reputational risk, as can denial of services. But cyber-threats are not just the preserve of sophisticated criminals. As recent high-profile US intelligence leaks have shown, the majority of these leaks tend to come from within organisations. So how can hedge funds mitigate the risk of cyber-crime?
Questions to be addressed will include:
- In terms of best practice, what should hedge funds be doing to mitigate the risks of cyber-crime
- What are the different types of risk, in terms of cyber crime?
- How serious is the threat of cyber crime to hedge funds?
- Given hedge funds’ size, how can they best protect themselves from the risks in a cost-effective fashion?
- As we have seen with Edward Snowdon leaks and Portcullis, the majority of these leaks come from within. What basic steps can firms take to ensure this does not happen?
- If firms are subject to a cyber-attack or data leakage, how can they best manage the crisis?
- William (Bill) Tan, Managing Director/CTO, Eze Castle Integration
- Mark Clancy, Managing Director of Technology Risk Management, The Depository Trust & Clearing Corporation (DTCC)
- John Rogers, Senior Manager, Booz Allen Hamilton
This event has passed. Visit the following articles for timely information on cyber security risks facing hedge funds:
- SEC to Examine Cybersecurity Policies at a Hedge Fund Near You
- Phishing: How Not to Get Hooked!
- The Who, What, When and Where of the Bad, Bad Cryptolocker Ransomware