How fund houses can fend off cybersecurity risks

Asset managers in the region are increasingly aware of, and responding to, the growing danger of sophisticated cyberattacks. In a Global Information Security Survey, 89% of organisations said their cybersecurity function does not fully meet their needs, and only 12% felt it is very likely they would detect a sophisticated cyber-attack. Regulators such as the Hong Kong Monetary Authority are also increasingly aware of the threat cybersecurity poses to the financial services industr…