On 17 September 2015, the Hedge Fund Standards Board (HFSB) published a memo on cyber-security for hedge fund managers. The memo provides: A brief overview (in Appendix B) of existing high level cyber-risk management tools, guidance and certification standards that hedge fund managers (and others) can use to develop a tailored approach to cyber-security. A […]

Software vulnerabilities, lost hard drives and CDs, malicious insiders, poor security – the UK’s most important data breaches reveal just how many ways data can be put at risk. It’s tempting to believe that important data breaches only happen in the US and the figures tend to bear that out – the US accounts for […]

Good practice in data security should be regarded as a pre-requisite of effective and successful wealth management businesses. This is principally because good data security is an integral part of private clients’ confidence in working with wealth management professionals. It is well known that Guernsey has for many years been a significant centre for wealth […]

Jersey financial institutions urged to beef up security following cyberattack warning Security value-added resellerS ( VARs) have been doling out advice to Jersey banks after they were warned to expect cyberattacks from an offshoot of hacking collective Anonymous. The Jersey Financial Services Commission (JFSC) last week emailed 300 organisations on the UK dependency to warn […]