According to a report by Markets and Markets, the cybersecurity market is estimated to grow to USD170bn by 2020, at a Compound Annual Growth Rate (CAGR) of 9.8 percent. In the PwC Global State of Information Security Survey 2015, it was revealed that US information security budgets have grown at almost double the rate of IT budgets over the last two years.
Alternative fund managers must respond to this growing threat, especially as regulators take an increasingly prominent role in assessing the preparedness of broker-dealers and registered investment advisors.
Additionally, funds hold a huge amount of intellectual property. Ensuring proprietary data does not fall into the wrong hands is becoming a critical business function given the increased level of data transference between fund managers and portfolio companies, LPs, service providers, target companies, internal employees and regulators.
The operational challenge that fund managers face in creating robust cybersecurity infrastructure will be the focal point of the luncheon hosted by Intralinks and Global Fund Media in. James Williams, editor of Hedge Week and Private Equity Wire will lead a panel of prominent alternative investment groups and leading service providers, advising managers on key considerations for assessing vendor security, identifying areas of vulnerability, and developing a more holistic approach to cyber threats.
This is the cybersecurity event that you cannot miss.
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