Investing in Security Clients rely on investment management firms to grow their assets. The last thing they expect is a loss due to negligent cybersecurity practices. Regardless of how well a firm anticipates financial markets, a cybersecurity attack could bring their portfolio crashing down. For this reason, the SEC and FINRA are focused on driving cybersecurity best practices in the financial industry. If anyone feels the pressures of cybersecurity, it’s Chief Information Officer, Jeff Liles of Harbert Management Corporation (HMC). HMC is an investment management firm founded in 1993, with approximately $6.4 billion in Regulatory Assets Under Management as of June 30, 2019. Cybersecurity is a compliance requirement for HMC, but they want it to be a differentiator for them as well.

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