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Rajib Chanda Quoted in Ignites Regarding Cyber Security Measures
11.24.14
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Corporate Partner Rajib Chanda was quoted in Ignites, a Financial Times news service, in an article discussing the increased risk of cyber attacks on firms and service providers and the necessity of disclosing these risks to investors. Rajib noted that “highly publicized breaches and regulators’ increased focus on information security have pushed more firms to consider whether to include disclosure about the risks of cyber attacks in prospectuses.” Security breaches at service providers are also a major concern for funds and Rajib explained that from a reputational standpoint, funds need to ensure the proper safeguards to protect client data.