Nicolson Bray are trusted cyber security advisers to the UK Alternative Asset Management industry. We provide Cyber Security consultancy covering strategy, risk management, governance, technology and operations, in addition to business risk driven Cyber Security reviews. From a regulatory perspective we tailor our consultancy depending on whether you fall under SEC or FCA regulation and are experts on the implications of GDPR.
Cyber Security is about understanding the risks of doing business in our modern world. As our economy has become increasingly digital, so too has crime. Attackers are using sophisticated means to achieve the same old objectives; theft, fraud, sabotage and espionage.
At Nicolson Bray we keep on top of advances in Cybercrime so you don’t have to. We combine decades of IT Security knowledge and experience with an understanding of the latest innovations to ensure your firm is protected from attack and enabled to perform. We are unique in being able to provide FCA regulated AAM firms with Cyber Security consultancy tailored specifically for their regulatory environment. This enables us to fine tune your security investment, and importantly avoid overspends caused by meeting the requirements of more onerous regulators such as the SEC.
We have a deep understanding of the very specific Cyber security risks that the Alternative Asset Management industry faces, including:
Fraudulent transactions risk
- Risk of loss of critical intellectual property, such as investment strategies and trading algorithms.
- Investor data breaches and associated reputational risk
- Asset portfolio risk – loss of value due to Cyber Incidents within asset portfolios
- Business disruption risks, such as slowing your ability to complete trades, disabling market data feeds or disrupting connections with prime brokers or fund administrators.
All these risks have an impact on your operating costs, fund performance and reputation.
At Nicolson Bray we have these specific risks in view when we assess your technology estate and associated policy and governance. The result is a Cyber Security review which is not just a list of meaningless technology issues but instead a prioritised plan to deliver targeted Cyber Security risk reduction to your firm.
The threat to data and systems is multi-faceted, and constantly evolving. External threats can be motivated by politics, competition or simply theft. Internally, either your employees can be your first line of “defence” against threats, or, pose a significant threat to the security of your firm.
As Cyber incident after incident hits the headlines, it can be overwhelming to determine what strategic measures to take to protect your firm. In these times it is essential to adopt a determined and enabling approach to managing IT Security – and by doing so position your firm to be more attractive to clients and investors.
By being specialised in Alternative Asset Management, Nicolson Bray are uniquely placed to build a Cyber Security strategy and programme for your firm, and to protect you from regulatory censure and the reputational and financial impacts of a serious Cyber Security incident.
