The number of cyber attacks has risen dramatically over the last few years across all markets. Can the introduction of GDPR and the resulting tightening of controls over data storage and usage help to slow the growing number of on-line attacks?
Andreas Utermann of Allianz Global Investors is under attack. “I’m being impersonated every day,” said the chief executive of the €513bn fund house. “The CFO and board members get emails asking for money which are designed to look [as if] they’re from me. It happens all the time. We’re wise to it and we have procedures to deal with it but it’s clearly a concern.”