Industry News: Cyber

SBAI Publishes a Toolbox Memo on Cash Handling & Cyber Security

Written by Cybersecurity | Oct 9, 2020 2:45:17 PM

2020-10-06

Institutional Asset Manager: Cyber-enabled fraud attempts are escalating and evolving, and the current remote working environment has created additional vulnerabilities that firms need to address. The memo, produced by the SBAI’s Governance Working Group, provides guidance on key controls that help protect managers’ payment processes. It also can be used as a tool for investors to evaluate these controls during due diligence.

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