Amid a Dark Night of Hacks, Cybersecurity Stocks’ Prospects Look Bright
Network breaches are becoming all too common, so the defenders at the ramparts are now a must-have service.
Tag: Cybersecurity
Research
Global Asset Allocators Continued to Grow in 2021, Hitting Almost $26 Trillion
WTW study shows the 9% pace wasn’t as high as 2020’s for the top 100 funds, but was still impressive.
Regulation
Legislators and Council of Institutional Investors Voice Support for SEC Cybersecurity Proposal
One commenter cautions that public reporting could unintentionally give criminals access to sensitive information.
Newsmakers
Wilshire Advisors Hit by Cyber Attack
Firm announces it was the target of a ransomware attack in early March.
Regulation
SEC Proposes New Rules for Private Funds, Cybersecurity Risk Management
EisnerAmper’s Louis Bruno says private fund managers will need to adapt to meet the new standards.
Risk
How Can Pensions Best Protect Against Cybersecurity Threats?
Some funds make costly mistakes when it comes to internet security.
Regulation
SEC Settles With Eight Firms Over Inadequate Cybersecurity Measures
The regulator alleges a lack of safeguards exposed the personal information of thousands of clients.
Research
About That Tech Slowdown: The Big Digital Tomorrow Will Restore Its Place
Legacy stocks are leaders now, but 5G and other digital revolutions promise to return the disregarded innovators of yore to the fore again, Citi says.
Risk
North Korean Hackers Indicted in Cyberattacks, Financial Crimes Conspiracy
Hackers tied to a military intelligence agency allegedly attempted to steal more than $1.3 billion.
Alternatives
CPPIB Loses $113 Million Days After Buying SolarWinds Stake, Following Hack
Canadian pension giant, authorities likely to look into whether firm had been aware of cybersecurity risks.
Asset Allocation
Temasek Boosts Cybersecurity and Biotech Investments
The Singapore sovereign wealth fund placed wagers on two American companies, cyber-services startup BlueVoyant and biosensors business Glympse Bio.
Asset Allocation
ESG Principles Guide 70% of Institutional Investors
However ESG adoption slowed in 2019 after two years of rapid growth.
UK Pension Scam Victims Lose an Average of £91,000
Losses are likely to be even higher, as most scams go unreported.
SEC Fines Voya $1 Million for Cybersecurity Breach
By impersonating contractors for the firm, intruders gained access to personal information of 5,600 customers.