Skip To The Main Content

News & Events

Simpson Thacher in the News Go Back

Rajib Chanda Quoted in BoardIQ Regarding Weak Cybersecurity at Advisory Shops

02.11.15
Corporate Partner Rajib Chanda was quoted in BoardIQ in an article discussing how to oversee third-party vendors with regard to their cybersecurity risk.  Rajib noted that even if a fund doesn’t have personal identifying information of clients, it is still being sold through a vast network of broker-dealers who do. While a mutual fund may not have any legal liability for that information, the firm’s reputation could still be on the line.