News 1 — Cybersecurity must be top priority for all institutions

Cybersecurity must be top priority for all institutions

cybersecurity Cybersecurity must be top priority for all institutions

Cybersecurity must be top priority for all institutions

Cybersecurity must be top priority for all institutions Job No. 1 in 2019 for asset owners and managers must be reviewing and even spending money to fortify the cybersecurity of their institutions, both in-house and with all the firms that provide them with services, such as custodians, consultants, asset managers and brokerage houses. Hackers have become more cunning, often not attacking a target directly but indirectly through a service supplier, sometimes a minor one. This was the case in a 2017 attack, allegedly by Russian hackers, on the U.S. power grid. The attack did not use sophisticated software, but simple...

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