In the wake of COVID-19, varying degrees of remote work have become increasingly common in how businesses across industries operate. Financial firms including hedge funds, quant funds, private equity firms, and others have been quick to adopt this new way of working as well. Now, 61% of CFOs at financial firms claim they plan to …
Making Remote Work Successful for Financial Firms Read More »
Countless organizations are realizing the benefits of cloud-native IT solutions and infrastructure. According to Gartner, “Successfully migrating workloads to the cloud means delivering maximum benefits with minimal effort and costs.” This applies to financial institutions (FIs) and other financial firms, where public and private cloud environments offer a host of benefits that are especially important …
A Guide to Successful Cloud Migration for Financial Firms Read More »
Cloud-native IT infrastructure yields unprecedented benefits for financial institutions (FIs). These include hedge funds, capital management firms, and others willing to transition away from cumbersome on-premises IT infrastructure and capabilities. But not all FI leaders have a grasp on the best way to adopt a cloud-native approach, let alone yield the operational, performance, and cost …
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Cybercrime remains a growing threat to financial firms, even as the methods they use to connect and do business evolve. “Financial services firms are 300 times as likely as other companies to be targeted by a cyberattack,” BCG reports. Small firms are at greater risk than others: employees at companies with fewer than 100 personnel …
How SASE is Transforming Cybersecurity for Growing Financial Firms Read More »
Cybersecurity is critical to the success of both enterprise and growing financial firms. “Financial institutions are leading targets of cyber attacks,” says the Center for Strategic & International Studies. “Regulators are taking notice and implementing new controls for cyber risk to address the growing threat to the [financial institutions] they supervise.” These regulatory steps are …
Getting On Track with Cybersecurity Compliance in Finance Read More »
In 2022, the SEC updated its rules and amendments to impose new, significant reporting and transparency requirements for U.S. private funds. Financial firms that are not prepared for these new requirements may face an uphill battle in transitioning to workflows that support these new functions. Fortunately, high-tech hedge funds, quant funds, and other private funds …
SEC Changes in 2022: How Private Fund Leaders Should Respond Read More »
By OptionOne Technologies We searched through the most popular cybersecurity websites to bring you the latest industry news, updates, and tips. Cybersecurity News Hackers Exploit TikTok Challenge to Spread Malware According to research from Checkmarx, threat actors are exploiting a popular TikTok challenge to trick users into downloading information-stealing malware, The Hacker News reported. Known …
Apollo Managed Cybersecurity from Option One Technologies Next-generation oversight, control, and support for financial institutions (FIs) Improve your firm’s security with Apollo, a managed extended detection and response technology (MXR) service designed for FIs of all sizes. A New Standard in Cybersecurity Oversight for FIs Apollo protects your entire technology ecosystem, including endpoints, cloud workloads, …
We searched through cyberspace to bring you the latest industry news, updates, and tips.
At Option One Technologies, we understand the unique needs of financial organizations. Our BaaS & DRaaS capabilities are purpose-built to provide firms like yours with the scalability, reliability, and security they need to protect their businesses. In this article, we share five best practices for backup and DR as they apply to modern financial firms. …
5 Backup & Disaster Recovery Essentials for Modern Financial Firms Read More »
