BW Cyber October 2024 Monthly Newsletter

BW Cyber Newsletter- October 2024

A cybersecurity insurance policy is essential for asset and wealth managers, but the coverage your firm receives might not be all that it seems – especially if you manage pooled assets.

Click ‘read more’ below to get the lowdown from BW Cyber Founder, Michael Brice, in terms of what you might be covered for, what you might not, and what you can do about it.

Apple recently released IOS 18, the latest version of the firm’s operating system, which includes Apple’s proprietary AI tool called “Apple Intelligence”.  If your firm is SEC or FINRA registered or if you have legally protected data (PII, NPI, PHI, etc.) accessible from your employee’s phone (at a minimum think e-mail), this could be a major headache for Chief Compliance Officers.

Click ‘read more’ below for more information on this rapidly emerging compliance issue.

Delta Air Lines sued CrowdStrike last week, claiming that the CrowdStrike update in July had caused 7,000 flight cancellations and cost it more than $500m.

Click ‘read more’ below for more information on this major industry issue.