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New Capital Support security service aims to protect hedge funds from cyber-attack

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Capital Support has released an new service, Cyber Secure, to meet the cybersecurity needs of alternative investment managers. Capital support says that Cyber Secure combines strong perimeter protection with live intelligent analysis to provide effective cybersecurity protection.

Cyber Secure has been designed with the finance sector in mind. The service is provided in two models: Protect and Detect, and SIEM (Security Information and Event Management). Protect and Detect provides advanced next generation firewall functionality, helping to protect firms from cyber-attack whilst introducing higher visibility and promoting the safe use of systems by users. SIEM extends the Protect and Detect service with SLA-driven log analysis and alerting, managed by experienced security professionals from an advanced 24/7 Security Operations Centre.

Capital Support’s Product Capability and Services Manager, Marcus Lewis, says: “We recognise the appetite within the alternative investment market to enhance security, especially given current cybersecurity risks and the increasing preparedness requirements from regulators and investors.

“Hedge funds and private equity firms are prized targets for cybercriminals. However, due to the scale of their operations it is often unfeasible for these firms to maintain in-house IT capabilities. The key driver for Cyber Secure is to provide an effective, holistic cybersecurity solution that enhances security whilst significantly reducing management and support burden.”

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