The Advantage of AMTD for Investment Firms

Picture this: you’re sitting in your office, taking it in that someone just managed to crack your workstation or trading terminal. That’s like giving a stranger the keys to your kingdom, right?

Let’s put ourselves in the shoes of a high-level info-sec professional at a bustling U.S. hedge fund. That possible nightmare scenario could well take down vital parts of your infrastructure and that’s not exactly ideal, is it?

On the flip side, you might think that having a robust security network in place would prevent that situation from happening. However, it’s not as simple as it sounds, especially when the cybersecurity game has to mix and match with compliance requirements.

It feels like running a triathlon. It’s performance heavy. Plus, false alerts can lead to significant headaches, and by headaches I mean financial damage. The mix is like a 5-star Michelin cooking competition where your oven is temperamental and any misstep could burn your meal or worse, your reputation.

Now, how do we come up with the perfect recipe?

Let’s dive into the insider talk, especially if you’re a hedge fund or part of an alternative investment firm. The systems that we work with are sensitive, requiring a smooth run without hitches. Traditional protection settings often have a mediocre performance, which can lead to overlooked incidents and potentially increased costs. It’s kind of like trying to capture the perfect photograph using an old disposable camera – not ideal, right?

Did you know an investment firm was infiltrated by a nasty malware that lingered undetected for four months? Despite a state-of-the-art scanning system on their side, it managed to swing undetected, opening a backdoor for potential harm.

Now, let’s talk about the future: cyber, baby! Imagine if you could create an erratic atmosphere, something unknown for threats while remaining perfectly usable for your operations. Doesn’t that sound like the ultimate dream?

This approach has a smaller footprint, is almost universally adaptable, and guess what? No false alarms. Moreover, it’s flexible enough to shield your precious terminals. It can withstand attacks without the need for signatures or telemetry while protecting the device’s memory. When you use it, your precious resources are constantly changing, making life tough for threats while your work continues smoothly.

Think about it for a second. If you could make security operations as predictable and seamless as your morning cup of coffee, would you hesitate to go for it? A particular North American hedge fund did just that and noticed a drop in false positives by over 99%. To top it off, they have saved up to $10 million per year. How’s that for ROI?

So, what’s with talking about the weather or the latest sports scores when cyber defense discussions at the water cooler provide so many more exciting thrills?

P.S. Remember, the future isn’t about a crystal ball, but more about creating effective defenses and smoother operations. Let’s leave volatility to the traders, shall we?

by Morgan Phisher