Our recent webinar on cybersecurity, featuring Mohit Kumar and Brian Cheung from KPMG, addressed the growing threats impacting the industry. The session covered the rise in cyberattacks across APAC clients, particularly in Hong Kong, including ransomware, business email compromise, data breaches, and account takeovers.

Mohit also took us through real life case studies to demonstrate how threat actors are using AI to launch sophisticated attacks, such as creating fake websites and impersonating individuals to bypass security measures.

Key recommendations from the speakers included:
✔ Conducting regular security awareness training and phishing simulations for employees
✔ Implementing strong access controls, including multi-factor authentication, across all systems and applications

Big thanks to all the KPMG team for sharing their time and expertise with the private wealth management community.