Tue, Mar 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Cybersecurity and hedge funds - Cyber threats and how to counter them, Part Two

Monday, April 06, 2015

amb
Vinod Paul
Benedicte Gravrand, Opalesque Geneva:

Cyber threats are seen as real threats nowadays, so much so that President Obama on Wednesday signed an executive order aimed at retaliating against foreign-based online attacks on the United States.

In the private sector, technology firms are already working on it.

Vinod Paul and Bob Guilbert from Eze Castle Integration, a global outsource IT service and cloud provider to the alternative investment space, recently talked to Greg de Spoelberch on Opalesque TV about cybersecurity and the cloud.

"There is a lot of confusion out there on what cybersecurity risks are to a firm," says Vinod Paul. "Whether you are on the private cloud, or you host your own infrastructure, the threat is the same. Many of our clients are holding institutional dollars and they are targeted by individuals who aren’t governed by law."

Fund management firms are targeted

Hacktivists target management firms to gain entry into funds and their assets, Bob Guilbert adds. They might spend weeks or months trying to get access. A number of attacks, often done by rogue nations or hackers, have taken place until recently, and the landscape is ever changing.

Altern......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1