Komainu, an institutional grade digital asset custody services provider, todhasay announced a framework service agreement with Derbyshire Constabulary on behalf of the National Police Chiefs’ Council Cybercrime Programme.
By George Ralph (pictured), Managing Director, RFA – The coronavirus pandemic has brought considerable challenges to the way hedge funds and asset management firms do business, with far-reaching consequences for cybersecurity, data safety and business communications. The need for fully flexible working around the pandemic continues to change. Collaboration tools have been key to successful working environments as staff need to work in the same way and securely, regardless of location.
Managers should be looking to shore up their internal processes and security, focusing on improved end-point protection and appropriate training for staff to recognise anomalies. This is critical as cybersecurity develops further to keep ahead of the hackers.
CloudMargin, creator of a collateral and margin management solution native to the cloud, has appointed Mario Platt as Vice President, Head of Information Security.
The shift to remote working as a result of the coronavirus pandemic proved to be the ultimate stress test for hedge funds’ cybersecurity and business continuity processes – but speakers at this year’s Hedgeweek LIVE Europe digital summit believe the industry has coped well with the unprecedented disruption.
Enfusion, a provider of cloud-based investment management software and managed services, has selected Drawbridge Partners, a cybersecurity software and services firm specialising in the needs of hedge fund and private equity managers to bolster its vendor due diligence process.
Drawbridge Partners, a cybersecurity software and services firm specialising in the needs of hedge fund and private equity managers, has reported strong growth throughout 2020 as well as several key company investments.
The Standards Board for Alternative Investments (SBAI) has released its newest Toolbox memo on Cash Handling and Cyber Security.
Binance, a global blockchain firm behind the world’s largest cryptocurrency exchange by trading volume, is partnering with Oasis Labs, a data privacy software company, to launch the CryptoSafe Alliance which will bring together a global ecosystem of collaborators to combat fraud.
Firms can have a belts and braces approach to the security of the systems and tools they deploy, but staff training and communication can make or break their chances of success.