(Hedgeweek) Technology risk cannot be underestimated, especially in today’s regulatory environment where GDPR rules place a heavy burden on securely protecting and storing personal data. Yet establishing a technology risk framework tends not to be a top priority for some hedge fund and private equity managers. However, those who do take it seriously are moving their security posture beyond merely protecting the four walls of their organisation and more towards protecting the individual, cognisant that reputational damage – largely as a result of human behaviour – is only ever just round the corner.
AI-Based Risk Monitoring Protects Individuals
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