Building Cyber Resilience in Asset Management

Building Cyber Resilience in Asset Management

With the threat of cyber attacks continually rising for all businesses, what are the implications for asset managers and how can they increase their cyber resilience?



Philip Whitmore - KPMG NZ - Partner

Partner - Cyber Security

KPMG in New Zealand

cyber resilience

To date, there hasn’t been a publicly reported, large scale cyber attack against an asset manager. But logic tells us that this won’t be the case forever. Asset management firms are not immune to a cyber attack and are likely to be an increasing target given the value of assets under management.

This report, jointly published by the Investment Association and KPMG, calls on asset management firms to raise the bar and work individually and collectively to ensure that they are keeping a step ahead of the ever-present threats.

The Building Cyber Resilience in Asset Management report provides a detailed assessment of:

  • The cyber security threat landscape - as it applies specifically to asset managers
  • How to build a cyber resilient business - including cyber security frameworks and good governance protocols
  • Community action - steps the industry can take collectively to increase cyber maturity and strength
  • Future technology disruptors - analysing new technologies such as blockchain and AI, and the cyber security implications

If you wish to discuss any of the findings in our report, please contact Philip Whitmore, Head of Cyber Security.

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