For fund managers, cyber-security has emerged as a large and multi-faceted source of risk. It is attracting the attention of investors and regulators, for whom the protection of data belonging to investors is of paramount importance. Assessing and mitigating the risk depends less on massive investments in sophisticated technology than on establishing a culture of security, built on regular reviews and disciplined processes and procedures.
SumiTrust has published a White Paper detailing the challenges facing the industry.
Views on the current health of the Chinese economy differ widely, but it’s hard not to be impressed by the progress the country has made in the last 20 years. Gross domestic product (GDP) per capita has risen more than ten-fold to around US$8,000 over this period, with much of this growth occurring in the […]