As private funds implement more technology into their activities, their cybersecurity risks multiply. The funds industry is a particularly high value target because they conduct large transactions and hold highly sensitive information on investors, investment targets, and management and portfolio companies. In the digital age, a cybersecurity breach is now a matter of “when” rather than “if.” Akin Gump partner Michelle Reed explains the common and uncommon cyberattack methods, the regulatory framework and enforcement actions, and best practices for private funds to prepare for a cybersecurity breach.
This is Part 2 of a 2-Part interview. Watch Part 1 Cyber Defense: Private Funds & Banks.
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TX: General : 0.5
As private funds implement more technology into their activities, their cybersecurity risks multiply. The funds industry is a particularly high value target because they conduct large transactions and hold highly sensitive information on investors, investment targets, and management and portfolio companies. In the digital age, a cybersecurity breach is now a matter of “when” rather than “if.” Akin Gump partner Michelle Reed explains the common and uncommon cyberattack methods, the regulatory framework and enforcement actions, and best practices for private funds to prepare for a cybersecurity breach.
This is Part 2 of a 2-Part interview. Watch Part 1 Cyber Defense: Private Funds & Banks.
APPROVED FOR:
AZ: General : 0.5
CA: General : 0.5
CT: General : 0.5
IL: General : 0.5
NY: Areas of Professional Practice : 0.5
TX: General : 0.5
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