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Institutional Asset Manager: As firms reopen their offices, reduced density rules are likely to prevail for some time, meaning a workforce that is spread between the office and home. Monitoring communications by staff working in multiple locations will require changes in compliance processes, which may prove challenging if access to on-premise technology is needed.
Tech Crunch: The UK’s data protection watchdog confirmed today the government still hasn’t given it sight of a key legal document attached to the coronavirus contacts tracing app which is being developed by the NHSX, the digital transformation branch of the country’s National Health Service.
Funds Europe: The UK’s Investment Association has set up a platform to help investment managers protect their firms against cyber security threats.
CNBC: Within minutes of the U.K. government’s furlough scheme going live, it was targeted by opportunistic hackers impersonating the country’s tax collection agency.
HedgeWeek: With the closure of non-essential workplaces during the Covid-19 pandemic shaking up the way financial services companies do business, the remote working environment is raising an assortment of operational challenges for hedge fund firms, spanning communication technology, data and information security, and infrastructure vulnerability.
Financial Times Adviser: In an email to advisers, sent last week (April 9), Prudential said it had been alerted to a number of emails which “at first glance” looked to be from a Prudential email account.
Insurance Business: C-suite executives will increasingly be targeted as cyber criminals look for ways to extort money from large corporations, according to a new report from cyber analytics provider CyberCube.
Hedgeweek: Drawbridge Partners, a cybersecurity software and services firm specialising in the needs of hedge fund and private equity managers, has appointed Simon Eyre as Managing Director overseeing the European market.
CPO Magazine: The London-based fintech company, Finastra, which provides financial software to the global banking sector, has reported suffering a ransomware attack that prompted the company to shut down its servers and caused disruptions to its global operations.
Reuters: UK banks are stepping up fraud prevention measures to protect customers from scammers eager to exploit the coronavirus pandemic with a whole range of new tricks, including fake sales of medical supplies and bogus government relief schemes.
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