Asset managers “poorly prepared for cyber attack”
In the first of a two-part series on cyber risk, consultants say fund houses and their clients are lagging when it comes to countering threats such as hacking.
Regulators in Asia are starting to take action in the face of the growing threat from cyber-space, the latest example of which was the WannaCry global ransomware attack, which began on 12 May and hit organisations across Asia, including oil major Petrochina and several Chinese universities.
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